Question #1: I saw in the news that the homebuyers credit was extended. What is the new cutoff to qualify for the credit?
The deadline for closing on home purchases has been extended from June 30 to Sept. 30, 2010. This means that in order to qualify for the credit, the purchase of your home must be completed before September 30th, 2010. However, as the buyer, you are still required to have entered need to enter into a binding contract by April 30, 2010.
Question #2: Will I have to pay a tanning tax on lotions and supplies I purchase at my local tanning salon?