Monthly Archives: August 2008

The New Tax Bill

Posted on August 4, 2008 by Russ

While I was away on vacation Congress passed a Housing Bill. There are a number of tax impacts of the legislation: A first-time homebuyer’s credit of up to $7,500. This credit can be taken if you are a first-time homebuyer … Continue reading →

Posted in Legislation | Comments Off on The New Tax Bill

Vacation Over; Budget — What Budget?

Posted on August 4, 2008 by Russ

As expected California is no closer to a budget today than when I left on my vacation two weeks ago. The Democrats in the Legislature remain convinced that the only solution is new taxes while the Republicans are convinced that … Continue reading →

Posted in California | Comments Off on Vacation Over; Budget — What Budget?