Posts Tagged ‘tax-free holiday’

Tax Break for New “Cash for Clunkers” Program: Do You Qualify for Auto Consumer Stimulus Tax Credit?

Friday, June 26th, 2009

This week, President Obama signed into law the Car Allowance Rebate System (C.A.R.S.) – a  program that pays consumers up to $4,500 in tax credit for trading in their cars or trucks for more fuel efficient vehicles.

As the New York Times reports, you will need to check if your vehicle qualifies for the trade-in credit. You can check out The National Highway Traffic Safety Administration web site to see
[Read More]

Take a Break from State and Local Taxes While Shopping this Year’s Tax-Free Holidays

Wednesday, July 30th, 2008

You can enjoy considerable saving on clothes and school supplies starting August 1 during tax-free days in select states and jurisdictions.
This is  a great opportunity for shoppers looking to save money during a summer characterized by national economic slowdown and record gas prices. If you live in or near a state that offers tax-free days, this is an especially good time to make that big ticket purchase you’ve been saving up for –
[Read More]