American Tax Service

Helping Americans File Their Taxes

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New Homeowners Tax Credit

First time homebuyer tax credit 2021 If you recently purchased or built a new home, you might be wondering what tax incentives are available and if there is a new homeowners tax credit.

While there is no direct tax credit available for buying your home, homeownership has tax advantages.

This article will summarize some of these benefits and outline the tax changes from the Tax Cuts and Jobs Act of 2018 that will affect your filing as a new home buyer.

Is There a Tax Credit for First-Time Home Buyers?

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When Can You File Taxes?

filing taxes online

2021 is coming to an end, and you may be wondering when you can file taxes in 2022?

While you may be looking forward to the holiday season, keep in mind that tax season officially kicks off soon after it ends.

So, When Does Tax Season Start in 2022

The Internal Revenue Service has set the opening day for the 2021, 2022 filing season as Monday, Jan. 24, 2022. That’s when the IRS will start accepting and processing 2021 tax year returns.… Read the rest