Useful tax tips and information from Jerry Coon of Action Tax Service.
Jerry Coon, Enrolled Agent Should the government be in charge of our health care? I think it’s time that we discuss the new health care reform initiative that is working its way through Congress. Most of us will agree that our health care system has problems, and those problems have to be addressed. Most of us will agree also that our health care system really has no [...]
Jerry Coon, Enrolled Agent Do you qualify for the First Time Homebuyer credit? There are some government programs that seem to generate more and more questions. The federal First Time Homebuyer Program is one of those programs. The fact that there is $8,000 in totally refundable dollars at stake might have something to do with creating questions. Taxpayers are trying to [...]
Jerry Coon, Enrolled Agent First-time homebuyer credit needs to be clarified Over the past few weeks, we have received a number of calls requesting further information and clarification on the federal government’s first-time homebuyer credit. The confusion relates to the differences between the credit that was available for homes purchased in 2008 and the credit [...]
Jerry Coon, Enrolled Agent What makes a professional a professional Last week I attended a convention sponsored by Money Concepts, the financial planning company that I am associated with. The convention was held in Asheville, North Carolina, which is a sightseer’s paradise. Of course, I have to attend educational classes, but there was time set aside to enjoy the [...]
Jerry Coon, Enrolled Agent Cash for Clunkers Our Congress is at it again. Passing laws and printing money seem to be their specialty these days. This particular program only has a one billion price tag, so it’s kind of small potatoes, but it’s still one BILLION dollars. I’m talking about the bill recently passed by both the House and the Senate, and is [...]