HBS Offers Free First Time Home Buyer Tax Fact Flyer

The housing industry is very important to many businesses across the area and is crucial to the economic vitality of the four-state area.  In November, 2009 congress extended and expanded to First-Time Homebuyer Tax Credit.  The credit is now available to both “first-time” homebuyers, as well as those who have owned the same principle residence for any five consecutive years during the past eight year period.

HBS Tax recently designed a brochure, entitled “HBS Tax Facts: First-Time Homebuyer Tax Credit,” to help home builders, real estate agents, bankers and real estate attorneys educate their clients about the basics of the First-Time Homebuyer Credit.  “Like many aspects of the tax code, the First-Time Homebuyer Tax Credit, is much more complex that it may appear at first blush,” says Brett Hersh, President and owner of HBS Tax.  “It is our hope that the HBS Tax-Facts brochure will prove a value-adding sales tool for businesses in the residential construction industry while reducing much of the confusion surrounding the credit.”

According to Hersh, the Tax-Facts brochure is designed to provide basic information about the credit in its present form, not to replace the advice of a qualified tax professional. “If we can help a home builder, real estate agent or a loan officer close a deal while educating homebuyers about the credit, we’ll be very happy.”

The brochures are free and designed so businesses can affix their label and/or logo. Supplies, however, are limited.  If you’re a first-time homebuyer or in a business related to the residential construction industry, please call HBS Tax at 304-267-2594 or visit HBSbusiness.com.

Brett Hersh's avatar
  • Author: Brett Hersh
  • Bio: Brett Hersh, EA, MBA, is the owner of HBS TAX & Small Business Experts. He is an Enrolled Agent (EA) with the IRS and licensed by the US Treasury Department to prepare all tax returns and represent taxpayers before the IRS for audits, collections and appeals. He is also Dave Ramsey’s ELP for Tax and Accounting, a continuing education instructor for tax professionals through Lorman Education, and a local speaker/presenter on the topics of tax and business growth. He can be reached at (304) 267-2594.