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Special Tax Break for New-Vehicle Purchases
Tax Break for New Auto Purchase
The Internal Revenue Service announced recently that taxpayers who buy a new passenger vehicle during 2009 may be entitled to deduct state and local sales and excise taxes paid on the purchase on their 2009 tax returns.
If you have brought a new car, truck or SUV, this deduction could enable you to buy now and get cash back later on your 2009 tax return, an attractive...
Insurance Claim Tips
Some words are red flags to insurers and using them could mean that your claim might be delayed or even denied.
1. “I Think …”
Never begin a statement regarding a claim with these words. If you aren’t sure, don’t guess. What you say could cause your claim to be delayed or denied, says attorney Vedica Puri. And if you’re wrong — say, you report driving at 30...
