Cars.com reminds consumers about vehicle tax incentives

19 Nov 2009

The sales tax deduction for new car purchases made in 2009 is limited to the state and local sales and excise taxes paid on a new car valued at $49,500 or less. Taxpayers are eligible if they gross less than $125,000, or $250,000 if filing jointly.

“The tax deduction was launched prior to the Cash for Clunkers deal, said Cars.com editor-in-chief Patrick Olsen, in the announcement. “Howev

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Sharon Hill

Sharon Hill has been a senior writer / analyst with the AIM Group since 2004, except for a two-year time-out to serve as sales and marketing manager for Suburban Newspapers of America. She worked at newspapers in California, the Carolinas and Indiana as a classified advertising sales supervisor and manager, and in newspaper circulation in Alaska. At the SNA, she was responsible for bringing in new members; lining up exhibitors, and helping develop programs for the classified conference and the classified alliance. She is also co-author of “Implementing and Managing Telework: A Guide for those who make it Happen” (Praeger Press) and a prolific blogger and social media user. She is based in Phoenix.