$8000 Tax credit

The deadline for closing on home purchases has been extended from June 30 to Sept. 30, 2010.  To qualify, a home must have gone under contract prior to April 30, 2010.

The credit is claimed using IRS Form 5405. See this page for other restrictions and information: http://www.irs.gov/newsroom/article/0,,id=206293,00.html

As always, please verify this information with your trusted tax advisor before taking action.