February 2009 E-CPA Newsletter

E-CPA – February 2009

BROUGHT TO YOU BY WARHAFTIG & ASSOCIATES, CPA

INSIDE THIS ISSUE:

1. WARHAFTIG & ASSOCIATES, CPA Update

2. Important Dates – Mark Your Calendar
3. This Month’s Podcast: Buying or Selling a Home in a Recession
4. Qualifying for a Mortgage in a Tough Economy
5. IRS Offers Tips to Avoid Recovery Rebate Credit Confusion
6. Retirement Savings Steps to Take Now
7. Tips for Renegotiating Your Mortgage

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1. WARHAFTIG & ASSOCIATES, CPA UPDATE

The 2009 Tax season is well under way…appointments can be made at any time by
calling 732-521-3694.
We offer both weeknights and weekend appointments and work around your
schedule. Also, tax returns can be prepared at your home or office if that is
preferred.
Past e-Newsletters can be seen on our blog via our website at
www.warhaftigassociates.com

Also, as the mortgage crisis continues, I have heard a number of people say
that they are having trouble with their current mortgage. To help with this, I am
happy to refer you to Dione LeBlanc who is helping a lot of homeowners “modify”
their mortgages into a better situation.
You can call her at (732) 773-9330 or e-mail her at
dionneleblanc@certifiedmod.com

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2. IMPORTANT DATES – MARK YOUR CALENDAR
April 15th will come up fast…don’t delay in getting your taxes done. Filers who
wait until the last minute usually miss something important that could save
themselves money.

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3. THIS MONTH’S PODCAST: BUYING OR SELLING A HOME IN A
RECESSION

If you’re shopping for a mortgage or trying to sell your
home these days, it’s a whole new world out there. The
days of easy credit and skyrocketing home values are long
gone. So what do you do? Hear from a New Jersey CPA and a
real estate expert about how to buy or sell a home during
a recession.
http://www.moneymattersnj.com/story.cfm?sid=13691

* SEE ALSO: Preparing Your Home for Sale –
http://www.moneymattersnj.com/story.cfm?SID=13677

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4. QUALIFYING FOR A MORTGAGE IN A TOUGH ECONOMY
Although banks currently have stricter lending rules, it is
still possible to qualify for a mortgage in this difficult
economy. Here are a few steps that may make it easier.
http://www.moneymattersnj.com/story.cfm?sid=13678

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5. IRS OFFERS TIPS TO AVOID RECOVERY REBATE CREDIT CONFUSION
In response to errors showing up on early tax filings, the
Internal Revenue Service is urging taxpayers to make sure
they properly determine eligibility for the recovery rebate
credit before they file their 2008 federal tax returns.
http://www.moneymattersnj.com/story.cfm?SID=13681

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6. RETIREMENT SAVINGS STEPS TO TAKE NOW
The recent turmoil in the financial markets has touched
virtually every sector of the economy. One huge source of
anxiety for many people is the state of their retirement
savings. The market will always be volatile, but there are
steps you can take to better protect yourself for the
future. http://www.moneymattersnj.com/story.cfm?SID=13679

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7. THREE TIPS FOR RENEGOTIATING YOUR MORTGAGE
Banks are more willing than ever to help homeowners avoid
foreclosure, and terms may improve further if Congress
includes additional incentives for banks to help homeowners
as part of the economic stimulus package under
consideration. Here’s what you need to know.

http://www.smartmoney.com/Personal-Finance/Real-Estate/3-Tips-for-Renegotiating-Your-Mortgage/

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64 Hickory Court

Jamesburg, NJ 08831

(732) 521-3694

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