Thompson & Company

First-time homebuyers- even though buying a house is more affordable, (with lower interest rates and tax credit (see our Dec. 14 post)) make sure you inspect it before buying it http://bit.ly/54XlrZ

Home Costs Keep Going Up - WSJ.com Homeowners should have 1% of the purchase price of their home in savings for improvements and surprise expenses.

Smaller tax deduction when you use your car for work http://bit.ly/4D0T6l

Workers Get Lower Mileage Rate in 2010 - WSJ.com Millions of workers who use their cars for work will get a smaller tax deduction next year under a new IRS rate.

Insurers will introduce a financial product that limits financial fall out when brands/spokesperson faces reputation damage http://bit.ly/8yfvu1

FT.com / Companies / Insurance - Insurers to launch reputational risk product Woods’ scandal shows companies’ vulnerability

Under the Emergency Economic Stabilization Act of 2009, a property tax break is being given for homeowners who do not have sufficient personal deductions to itemize, mainly those who are ages 65+. This can increase their standard deduction to account for property taxes. http://bit.ly/62IOsO

Roundup of New Tax Breaks for Your Home - Accountants Tax Society In today's troubled housing market, homeowners and would-be homeowners should take note of a number of federal income tax breaks that make homeownership attractive. The following tax breaks, which were ...

This may be old news for some people but one of the new tax breaks for first-time home buyers (meaning, this cannot be a vacation home), who purchased or are thinking about purchasing a home between January 1, 2009 and April 30, 2010, is eligible for tax credit that is 10% of the purchase price up to $8,000. http://bit.ly/6WTHLL

Federal Housing Tax Credit: Frequently Asked Questions About the First-Time Home Buyer Tax Credit Answers to questions about the $8,000 federal tax credit for first-time home buyers.

Don't miss our launch event with Extreme Realty Advance tomorrow (12/9 at 6pm, 3939 White Plains Road Bronx, NY 10466)!

Check out our press release: http://bit.ly/8bzu4q

Extreme Realty Advance Partners with Thompson & Company/Tax Pros Extreme Realty Advance Partners with Thompson & Company/Tax Pros. Providing Tax, Accounting and Investment Services for NYC-Metro Area Clients

End of the year = tax planning. 10 Ways To Save Taxes: http://bit.ly/77HPFW

Top 10 Tax Moves to Make Before Year-End > CPA Magazine > CPA Magazine - Breaking News Cpa Tax Magazine Breaking News

will have a business forum on November 5th, 2009 @ 6pm - 8pm. Learn about SBA stimulus loans, how to reduce your taxes & our step-by-step road map to success program!