New Vehicle Tax Deduction ends soon!

If you anticipate being in the market for new vehicle in the near future do not let this opportunity pass.

Call  973-248-4945  for assistance.

Learn more about the 2009 New Vehicle Tax deduction below from our friends at Edmunds.com

IR-2009-30, March 30, 2009

WASHINGTON - The Internal Revenue Service announced today 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.

The vehicle must be purchased after Feb. 16, 2009, and before Jan. 1, 2010, to qualify for the deduction.

(Due to individual tax situations we recommend consulting with your tax professional to see how this deduction applies to you.)