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Orange County Register
Beginning with the 2012 tax bill (the one due in April 2013), the state Franchise Tax Board will require property owners to break down their property taxes into deductible and non-deductible portions.Read the full story:
http://economy.ocregister.com/2012/01/09/state-targets-property-tax-payers/101799/
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The Obama administration’s top housing official on Monday said that a national foreclosure moratorium to correct flawed legal filings risked exacerbating the mortgage crisis.
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Approximately 950,000 of the nearly 1.8 million Americans who claimed the federal first-time home buyer tax credit on their 2009 tax returns will have to repay the government, according to a report from the Treasury Inspector General for Tax Administration (TIGTA).
TIGTA’s study found that an estimated 4.1 percent of the approximately 1.77 million individuals receiving the tax credit had incorrect purchase dates recorded at the IRS. The report also found that $10.1 million in home buyer credits were claimed by taxpayers who were identified as deceased by the Social Security Administration.
TIGTA recommended that the IRS take steps to correct the errors and IRS officials agreed with the recommendations and stated that they plan to take steps to improve controls.
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The El Dorado County Department of Human Services will offer a series of classes to help people plan for retirement.
Instruction will be provided by various specialists in the government and private sectors.
The sessions are scheduled from 5:30 to 7:30 p.m. on Tuesdays, Sept. 7-28, at the Placerville Main Library, 345 Fair Lane, Placerville.
The suggested donation is $20 for the four-class series. Registration is required. To sign up, call Linda Dean, (530) 621-6251.
For more information, call Senior Information and Assistance at (530) 621-6369.
Read more: http://www.sacbee.com/2010/08/29/2990421/el-dorado-offers-classes-on-retirement.html#ixzz0z5pqlckk
