Sentences with phrase «federal tax credit helps»

The price tag is steep, but a $ 7,500 federal tax credit helps.
A 15 percent federal tax credit helps offset some of that cost, as do various state tax exemptions, but it's still a significant chunk of change.

Not exact matches

This federal income tax credit helps buyers offset part of their mortgage interest to help qualify for the loan.
2001 FRAC helps lead anti-poverty and anti-hunger groups in obtaining tens of billions of dollars in refundable tax credits for low - income working families with children in federal tax legislation.
State and federal financial investment leaders announced $ 14 million in New Markets Tax Credits Tuesday to help further develop the historic Northland Central complex in Buffalo.
At 10:30 a.m., U.S. Sen. Charles Schumer visits the historic Carnegie - funded Gloversville Public Library and announces support for federal New Market Tax Credits to help pay for renovations, 58 E. Fulton St., Gloversville.
One of the most popular comes in the form of annualized federal tax credits, an asset that can be packaged and sold to investors to help fund a development.
The Democrat senator believes a federal tax credit program would help draw investors that would be willing to spend the millions it would take to restore the Warren Street historic landmark.
Adams explained that much of the $ 30 million estimated cost of building the 80 or more units of housing SAGE is creating — in partnership with HELP USA, a nationwide non-profit housing advocacy and development organization that will own the building — will financed through federal low - income tax credits.
Specifically, Clinton is proposing federal tax credits as incentives to help states and school districts to build and renovate public schools.
But one route that has come up repeatedly is a federal tax credit that would reward corporations and individuals who donate to scholarship organizations that help low - income students pay for private or religious schools.
Simply put, that means we need to advocate for vouchers and tax credits and other programs — state and federal — that can help families obtain the high - quality education they want and deserve for their children.
«Those options do not divert federal dollars to non-public schools as vouchers and tuition tax credits do, and are effective in expanding opportunities for students and can help schools in their efforts to serve our nation's 50 million public school students.»
A well - designed federal tax credit would help create hope and opportunity for equally deserving children in every state.
Imagine how the lives of millions more children can be helped by a great education attained through a federal education tax credit.
The $ 2,000 federal tax deduction helps a bit, but bear in mind that this is a deduction, not a credit.
The MCC program helps home buyers get 35 % of their mortgage interest back every year as a federal income tax credit.
To top it all off, he cosponsored several federal refinancing bills as well as helped cement the American Opportunity Tax Credit.
The Home Start Homebuyer Tax Credit is a federal Mortgage Credit Certificate (MCC) program designed to provide you with a long - term tax benefit to help you afford homeownershTax Credit is a federal Mortgage Credit Certificate (MCC) program designed to provide you with a long - term tax benefit to help you afford homeownershtax benefit to help you afford homeownership.
The Homebuyer Tax Credit can decrease the federal income taxes you owe, thereby boosting your take - home pay, which may help you qualify for a mortgage and make your mortgage payments.
-- Expanding the refundable tax credit known as the federal working income tax benefit, to help low - income Canadians offset the increase in premiums.
Many families are taking advantage of the federal homebuyer tax credit to buy a new home so this is a great time for Fannie Mae to offer some additional help,» Terry Edwards, Executive Vice President of Credit Portfolio Management, said in a statcredit to buy a new home so this is a great time for Fannie Mae to offer some additional help,» Terry Edwards, Executive Vice President of Credit Portfolio Management, said in a statCredit Portfolio Management, said in a statement.
A number of federal tax credits, however, exist to help taxpayers — primarily those in middle - income and low - income households — retain more of their earnings.
Head of Household often allows a higher standard deduction than filing single, along with federal and state credits that may help lower taxes if you meet head of household requirements.
In response, the federal government has created two major education tax credits to help reduce the costs of obtaining a higher education.
Or could it be that Verizon wants to be a pal and help New Yorkers access up to $ 3400 in federal tax credits and (if the state legislature approves Governor Pataki's plan) more than $ 5,400 in savings through discounted highway tolls and state tax credits?
Solar photovoltaic (PV) added 2,193 MW of capacity in 2013, continuing the trend of the past few years of strong growth, helped in part by falling technology costs as well as aggressive state renewable portfolio standards (RPS) and continued federal investment tax credits.
Greg Efthimiou, a spokesman for Duke Energy of Charlotte, N.C., said that although Duke built renewable energy projects to meet customer demands as opposed to the tax credit deadline explicitly, the federal incentives did help — and Duke planned to build five large wind farms next year, including two in Texas and two in Kansas.
As Pickens tilts at billion - dollar windmill farms, he advocates the federal government enact multi-year renewable energy tax credits, require private companies to purchase alternative fuel vehicles and help build a renewable energy transmission grid.
There is a $ 1,000 Massachusetts state tax credit that helps with the cost and this is in addition to the 30 % federal tax credit meaning that on a 5kW system almost 40 % of the cost is covered by tax credits.
Many local governments provide rebates for the purchase of solar power panels and the federal government provides tax credits if you buy solar and wind power which is considered «Green» power, so why shouldn't the government help get America off the oil standard and help reduce green house gases by promoting this low emission green car through rebates to help it be more affordable to the average and poor income people?
The 30 % federal tax credit, coupled with a removal of the residential limit (previously $ 2,000), will keep the solar industry growing new green jobs for our economy and help all Americans to achieve energy independence.
If your yearly income is higher than 138 % of the federal poverty level but less than 400 % of the poverty level (for 2017 coverage, that's about $ 47,500 for an individual), you will get a tax credit to help you pay your health plan's premiums.
Even if it is not mandatory for your small business, offering your employees benefits such as health and life insurance may be wise because it helps you attract and retain good workers — and may even qualify your business for federal tax credits.
Shop for coverage through the insurance exchange in your state: If your income doesn't exceed 400 percent of the poverty level ($ 48,240 for a single individual in 2018), you may qualify for federal tax credits to help offset the cost of your premium.
Even if your business has fewer than 50 employees, offering benefits such as life and health insurance can help you attract and retain good employees and may even qualify your business for federal tax credits of up to 35 percent of your cost for premiums.
The earned income tax credit (EITC) is a refundable federal tax credit that helps low - income families.
The rate of uninsured children is at an all - time low, more students are starting the day with school breakfast through the federal school meals program, more households benefited from a financial boost through the earned income tax credit and more families participated in the NJ Supplemental Nutrition Assistance Program (SNAP) to help put food on the table.
Federal tax credits also are helping sway the buyer mind - set, and energy - efficient mortgages are another option to help home owners pay for costly «green» upgrades.
The tax credit was created as part of the $ 787 billion federal stimulus package in February to help stimulate the property market.
RISMEDIA, July 30, 2010 --(MCT)-- Government cash didn't help John Foley and Cindy Case sell their Minneapolis house before the federal home buyer's tax credit expired at the end of April, so the couple decided to take matters into their own hands.
Most large builders have made energy - efficient home construction a standard practice, and federal tax credits for such components as insulation and geothermal heat pumps have helped green housing go mainstream.
Developers build more than 100,000 new units a year with help from the federal low - income housing tax credit program, according to the National Council of State Housing Agencies.
«It can be combined with federal tax credits and can also be used to help increase workforce housing.»
To increase affordable health insurance availability, Clinton wants to extend the insurance offered to federal employees to the general public and provide a tax credit to help households pay for it.
The 9 percent tax credit works as a 70 percent subsidy for new construction not requiring extra federal help.
The Homebuyer Tax Credit can decrease the federal income taxes you owe, thereby boosting your take - home pay, which may help you qualify for a mortgage and make your mortgage payments.
The North Carolina Housing Finance Agency helps make home ownership affordable for first - time buyers by selling tax - exempt Mortgage Revenue Bonds and issuing Mortgage Credit Certificates (MCC) under federal authority.
If your remodel includes replacing windows or doors, adding insulation, installing new roofing, upgrading heating or air - conditioning units, updating the water heater or installing energy generating products (such as solar panels, heat pumps or wind turbines) then you can take advantage of federal energy efficiency tax credits through 2010 that will help defray costs and maximize your remodeling budget while reducing home energy bills.
a b c d e f g h i j k l m n o p q r s t u v w x y z