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2099 SAM HOUSTON ST. LIBERTY TEXAS |
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NEWS
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NEW SALES TAX DEDUCTION LOCAL NEWS DATE: 01 29 10 FOR THOSE WHO PURCHASED A CAR IN 2009 THEY MAY GET AN ADDITIONAL TAX BREAK. ACCORDING TO CERTIFIED PUBLIC ACCOUNTANT BYRON SWAIM, THOSE WHO BUY A QUALIFYING VEHICLE WILL, IN ADDITION TO THE STANDARD DEDUCTION, BE ABLE TO DEDUCT SALES TAX PAID ON THAT VEHICLE. AUDIO; PARTICULAR DEDUCTION AS CPA BYRON SWAIM SAID, THE SALES TAX DEDUCTION IS AVAILABLE ONLY ON THOSE VEHICLES THAT QUALIFY. (THE SALES TAX ON THE FIRST $49,500 COST ON ANY VEHICLE QUALIFIES FOR THIS DEDUCTION AS LONG AS WEIGHT OF THE VEHICLE IS LESS THAN 8500 POUNDS) FOR MORE INFORMATION, ON THIS OR ANY OTHER TAX MATTER, CONTACT YOUR TAX PROFESSIONAL. |
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