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Sunday, December 20, 2009

IRS Reminds Car Shoppers about 2009 Tax Break

by taxnick on December 20, 2009

WASHINGTON — The Internal Revenue Service today reminds individual taxpayers who are considering buying a new car that they have until Dec. 31 to take advantage of a tax break that may not be around in 2010.
Taxpayers who buy a qualifying new motor vehicle this year after Feb. 16 can deduct the state or local [...]

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Be Sure to Check Tax Law Changes

by taxnick on December 20, 2009

The tax-filing deadline may be months away, but it’s not too early to start thinking about tax preparation.
There’s lots of help available for taxpayers, said Dan Boone, regional spokesman for the Internal Revenue Service. The official IRS Web site, www.irs.gov, includes IRS forms and publications and the latest tax tips and answers to frequently asked [...]

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