Tax break offered on new car purchases
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.
"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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