Cash for Clunkers, officially known as the Consumer Assistance to Recycle and Save act of 2009 (CARS) or the Car Allowance Rebate System (CARS) - gotta love the feds and their acronyms! I wonder if th...
We already covered the fantastic sales tax credit for new vehicle purchases in 2009 but don't forget about the Hybrid tax credit, too! The Energy Policy Act of 2005 provides a credit for taxpayers who...
Even if you don’t agree with the bailout of American automakers, there are some awesome tax breaks to help keep them propped up. A friend of mine recently purchased a 2009 Saturn for 0% interest...
Got money off-shore? Come clean with the IRS to avoid criminal charges and receive the benefit of much lighter penalties, too. The IRS issued a statement saying it will move to collect only 20 percent...