Tax Incentives

Go Zone Extension 2011 Notes

by admin 6 January 2011

The MS Coast won another victory when the Go Zone bill was extended last month, providing for accelerated depreciation on real estate property put into use during 2011. The prior extension [2010] was a bit “thrown together” and extended the “put into use” part, but did not extend the expenditure date. What this means is […]

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First Time Buyer Tax Credit

by admin 13 April 2009

The refundable tax credit enacted for the 2009 tax season will allow first time home buyers, or buyers who are considered first time home buyers (have not owned a home in 3 years) to claim a credit up to $8,000 on their taxes. If you are getting money back on your taxes, you will get […]

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