New Tax Credit vs. Old Tax Credit

November 13, 2009 by Rob Spring · Leave a Comment 

 

 
Previous Provisions  

New Provisions

Effective Date
January 1, 2009
November 7, 2009

Deadline
Close before December 1, 2009

Contract signed before May 1, 2010, must close before July 1, 2010
Members of the uniformed services, foreign services, and intelligence employees who served an extended service of 90 days will have until April 30, 2011 and June 30, 2011.

Amount

First-Timers: maximum of $8,000 or 10% [...]