New Home Tax Credit Explained and Rules
The article outlines a new home tax credit linked to principal residence purchases or builds after March 1, 1975 and before Jan 1977. It details eligibility, certification, and how the 5 percent credit interacts with tax liability and prior deferred gains, including an example of adjusting basis and credit amounts.
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Tae Tabn
Jaycees Honor Steve Glass
Asheboro attorney Steve Glass was named recipient of the Asheboro Jaycee Distinguished Service Award for his decades of effort on behalf of young people including long running Boy Scout activities in the community.
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