Prop. 60 was a constitutional amendment approved by the voters of California in 1986. It is codified in Section 69.5 of the Revenue & Taxation Code, and allows the transfer of an existing Proposition 13 base year value from a former residence to a replacement residence, if certain conditions are met. This benefit is open to homeowners who are at least 55-years old and are … [Read more...] about Seniors Benefit From Special Property Tax Rules
If you had an FHA-insured mortgage, you may be eligible for a refund from HUD/FHA. Due to increased public interest, the Mortgage Insurance Premium Refund Support Service Center is experiencing a high volume of calls. http://www.hud.gov/offices/hsg/comp/refunds/index.cfm FHA Homeowners Fact Sheet Who may be eligible for an FHA refund or … [Read more...] about Does HUD Owe You a Refund?
This just received from my CPA today and is very timely for your clients and family. Feel free to pass along. … [Read more...] about Consumer Warning: IRS Scams