Extend Homeuyers Tax Credit Closing Date

[abctax]

Here's one 'source' - Nothing appears to be final yet....

http://www.accountantsworld.com/ReadNewsletter.aspx?enclid=7AED8DBEE09AA23908D6F86EC2832EA9&Date=6/11/2010

[JohnH]

"Lobbyists are not done with it yet"

I assume is another way of saying

"Some Senators are still waiting for their individual payoffs before voting"

(Sometimes it takes a few extra days for the check to clear the bank...)

[jimmcg]

What is your source? Did it pass? Is it law?

HR4213 is still in Senate..........Lobbyist's are not done with it yet.......Check Senate website for current status.

[taxea]

What is your source? Did it pass? Is it law?

[jimmcg]

Just read where our buddy, Harry Reid, has placed an amendment in the American Jobs and Closing Tax Loopholes Act of 2010 extending the closing deadline to September 30 for qualifing for the Long Term Housing Tax Credit. This applies to the closing date only. The real estate and banking lobby groups are alive and well and well funded!