Wednesday, May 27, 2009

Buying a new car in 2009?

If you are a Massacushetts resident and plan to buy a new car soon, June is the month!

Sales tax on new vehicles will rise to 6.25% on July 1st, 2009. You will be able to deduct sales tax on your 2009 income tax return (some income and deduction limits) whether or not you itemize.

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