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Home Buyer Credit deadline approaching

Be sure to inform your clients that the September 30th deadline for closing on a new home is soon approaching.  The original deadline of June 30th, was extended due to the complaint from taxpayers that closing proceedings were taking longer than normal due to the more recent commonality of non-traditional purchases such as foreclosed homes and short sales.  This deadline only relates to the closing on the home.  There is no rush in filing the claim for credit, as it can even be included on your clients coming years 2010 filing.

Posted: September 13, 2010

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