Tax break offered on new car purchases | Echo Press
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Tax break offered on new car purchases

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The Internal Revenue Service announced recently that taxpayers who buy a new passenger vehicle this year may be entitled to deduct state and local sales and excise taxes paid on the purchase on their 2009 tax returns next year.

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"This deduction may make a decision to buy a new car a little easier for some taxpayers," said Carrie Resch, IRS spokesperson. "It lets buyers purchase now and get money back later on their tax return."

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