CNN host Chris Cuomo has apologized after referring to an Indian-American White House staffer as âRaj whatever-his-name-isâ on air this week. Viewers and critics accused Cuomo of racism, which he refuted during his apology.
The Internal Revenue Service (IRS) allows taxpayers to deduct the cost of home improvements from their income taxes, but only if the improvements were performed for medical reasons and on their main residence.
The First-Time Home Buyers Tax Credit (HBTC) is a non-refundable tax credit for eligible home buyers who buy a qualifying home after January 27, 2009. If you have a disability or are buying a home for a relative with a disability, you do not have to be a first-time home buyer.he value of the Home Buyers Tax Credit is based on $5000 multiplied by the lowest federal income tax rate for the year. In 2014 the lowest federal income tax rate was 15 percent, and it remains the same in 2015, so the value of the HBTC would be $750.