Eye On Housing

As we enter into the last week of the 2010 tax filing season, it is a good time to look at some basic statistics concerning how construction firms, including home builders, organize for tax purposes and how much revenue they pay to the federal government. We will follow up this post over the next week with looks at…

The Government Accountability Office has released a report tallying the number of homebuyers benefitting from the homebuyer tax credit. The numbers are still incomplete as the IRS continues to process submitted claims.  Further, some homebuyers will not claim the credit until the end of the 2010 tax season in April of 2011. Nonetheless, the current…