What You Should Know About the “Home Act”
The HOME Act, or Helping Our Middle-Income Earners Act, was introduced by Representatives Eshoo and Thompson to the House of Representatives on March 3, 2016. It is designed to amend the Internal Revenue Code of 1986 to allow for a deduction for HOA assessments. If you live in an HOA or similar community, you should know a little more about the HOME Act and how it can help you. Read the article…………..