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October 27, 2009 | Tconsoli | Comments 0 | Filed Under: DailyGovernmentNewsWall StreetWorld

Home Tax Credit Audit Shows Abuses

Just as Congressional leaders are calling for an extension of a popular $8,000 tax credit for first-time homebuyers, or even an expansion to all homebuyers, government investigators reported Thursday that audits suggest widespread abuse and errors in the program.

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