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First-Time Home Buyer Tax Credit extended for Service Members

Congress has moved to give American service members another 12 months to claim the popular incentive. The House of Representatives voted 416 to 0 to pass the Service Members Home Owmership Tax Act of 2009,which pushes the credit’s current November 30 deadline back an additional year for members of the military, Foreign Service, and intelligent corps who served at least three months of qualified overseas duty in 2009.

For more information, check out the article here.

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