Wednesday, February 18, 2009

Buy a Car, Avoid Paying Taxes

On Tuesday our President, Barrack Obama, signed a new economic stimulus bill to aid new car buyers. If you're in the market to buy a new vehicle or several vehicles totaling less than $40,500, you can now write-off the sales tax on next year's tax return. Check with your tax accountant. The actual amount may vary based on your tax bracket. Hopefully, this incentive will stimulate you to buy a new vehicle.

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Auto Analyst Kevin Tynan Talks To 'Auto Trends' About Car Sales, Prices And More

  Kevin Tynan, the Presidio Group's director of research, joins Auto Trends with JeffCars.com to analyze both the new and the used car m...