Showing posts with label Tax Credit. Show all posts
Showing posts with label Tax Credit. Show all posts

Tuesday, January 11, 2011

Get Your Homestead Property Tax Exemption!

Resaca St, Mexican War Streets
Homeowners have until March 1 to apply for a reduction in their property taxes through the state gaming revenue fund, and the office of the auditor general is prepared to help with applications.  Auditor General Jack Wagner released a report a year ago finding that hundreds of thousands of eligible homeowners were missing out on the tax relief because they weren't aware they were eligible.

The reduction is known as a homestead exemption and applies to homeowners' permanent residences. It is available to homeowners of all ages and income levels.  Information, including a report "Five Steps to Get Property Tax Relief from Legalized Gambling Revenues," is available online at www.auditorgen.state.pa.us. Help is also available by calling 1-800-922-8477.

Last year, more than 2.6 million homeowners received an average property tax reduction of about $200.

Friday, November 13, 2009

Homebuyer Tax Credit Details

Good news for everyone ....... Not just people buying their first home. The government's "First Time Homebuyer Tax Credit" has been expanded so that current homeowners are eligible too! If you currently own a home that has been your principal residence for five of the last eight years, you can qualify for the tax credit. First time buyer or not, you just need to have a sales contract signed by April 30, 2010 in order to qualify.
Check Out The Details Here