taxes - The Howell Group

August 25, 2020

FIRPTA – The Foreign Investment In Real Property Tax Act Of 1980

The first time you hear someone say FIRPTA out loud (sound it out as if it was a word and not an acronym), you’re more than likely to think that person is making words up....

March 9, 2016

7 Tax Deductions Your Home May Qualify You For

It’s time to start thinking about tax deductions. No matter how much we wish we could avoid the heaps of paperwork and the inevitable feeling of dread that comes with tax day, the IRS waits...

December 10, 2013

End Of The Year: Time To Start Gathering Your Paperwork

At The End Of The Year, Time To Start Thinking Ahead If you bought a home in 2013, now, at the end of the year, is a great time to start gathering the paperwork you’ll...

September 26, 2012

3.8% Sales Tax On Real Estate Thanks To Obamacare?

I feel like I talk more about the 3.8% “sales tax” on real estate (via the Health Care Reform Act or Obamacare as it has become known) more than I do most other things, but that’s because...

July 3, 2012

Healthcare Law And The 3.8% “Sales Tax”

With the recent decision by the Supreme Court to uphold the Healthcare Law (aka “Obamacare“) and all the talk of “the tax” being floated around, I suspect we will once again be hearing and seeing...

April 17, 2012

Tax Return Deadline – Mail Your Returns Today

As we posted last week, this year’s April 15th filing deadline for federal taxes has been moved to April 17th…today!!! So if you haven’t done so already make sure you get your tax returns filed by midnight tonight....

April 15, 2012

Tax Day – File 2011 Tax Returns By April 17th

Tax day is always April 15th of every year, but on those years that the deadline for filing your tax returns with the IRS falls on a weekend, you have until the following Monday to...

March 14, 2012

First Time Homebuyer Tax Credit Lookup Tool

The first time home buyer tax credit is bringing up a lot of questions of repayment this year, so the IRS took notice and has created a look up tool to assist buyers who received the tax...

February 14, 2012

3.8% Sales Tax On Real Estate Via Healthcare Reform Bill?

“It’s true…I read it on the internet.” Once again, talk of the 3.8% tax (miscalled a “sales tax”) on real estate transactions is making the rounds via email. When HR 3200, the Health Care Reform...

January 25, 2012

First Time Home Buyer Tax Credit – Gone But Not Forgotten

It’s been awhile since we’ve heard talk of the first time home buyer tax credit, but recently in our office it came up once again. No, there’s no new extension and no new credit to...