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[7 Sep 2010 | No Comment | ]
When the Saints Go Marching In

By PAULA MARCKX

When I went to meet Boogie Boy, a phenomenon in the current music world, I wasn’t prepared to receive a crash course in Jewish history. In half an hour, I learned all about Ashkenazim (Jews originating from Eastern Europe), Sephardim (with customs and traditions originating in the Iberian Peninsula) and Klezmer, the musical tradition of the Ashkenazim as played by professional musicians at weddings and celebrations. Boogie Boy, also known as Paul Ambach, talks about his Jewish roots (he is the proud son of an Ashkenazi father and …

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[22 Mar 2010 | No Comment | ]
FIRST-TIME HOMEBUYER’S CREDIT

This is a one-time refundable credit taken on Form 5405. For 2009 and 2010 the following rules apply:
The credit is the lesser of $8,000 ($4,000 for MFS) or 10% of the pur- chase price and applies to homes purchased 1/1/09 – 4/30/10. Available for principal residences located in the U.S. The credit is phased out for higher income taxpayers.
A taxpayer can elect to treat a home purchased during the year as purchased on December 31 of the preceding year (thus, the credit for a home purchased in 2009 can be …