Situation: Under the new tax act, a hefty cash refund is available to so-called “first-time” home buyers, and the irony is that the law defines such a buyer as someone who has not owned a present ...

And who said the taxman just came to take your money away? The IRS wants to remind first-time homebuyers that there is still time to take advantage of the federal tax credit that provides up to $8,000 ...

My parents built a new house and gave me their old one, which is the first home I've ever owned. I applied for an $80,000 fixed-rate home equity mortgage to update the place, which is the first ...

I have a few questions regarding tax credits for home buyers. When is the deadline to apply? How do you apply? What type of documents do you need? If you bought your home in December 2008, do you ...

SOMERSET COUNTY - The Internal Revenue Service announced that taxpayers who qualify for the first-time home buyer credit and purchase a home this year before Dec. 1 have a special option available for ...

The IRS has an urgent message for would-be home purchasers: Make the most of the $8,000 first-time-buyer tax credit before it disappears Dec. 1 -- if you qualify. But if you don't truly qualify, don't ...