Can you deduct the sales tax paid if you leased a new car in 2009?
Terry
Terry, if you’re referring to the new car sales tax deduction, leases are specifically excluded. Sorry.
Larry Kopsa CPA
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Kopsa Otte CPA's have been called the “financial and tax go-to-professionals” for Salons and Spas. Larry Kopsa CPA has been in accounting and tax since 1972, specializing in the area of Salons and Distributors for the last 20 years. For more information about Kopsa Otte services, please contact Larry via e-mail at lkopsa@kopsaotte.com or call 800-975-4829.
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2010
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March
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- QUOTE OF THE WEEK
- WASHINGTON REFORMS HEALTH CARE AND TAXES
- EQUIPMENT WRITE OFF BACK TO $250,000 FOR 2010 BUT ...
- TWO NEW TAX BENEFITS AID EMPLOYERS WHO HIRE AND RE...
- OPINION: 'GOVERNMENT EYEING CONFISCATION OF 401(K)...
- FEDERAL PAY AHEAD OF PRIVATE INDUSTRY
- QUOTE OF THE WEEK
- CANCELLED DEBT IS TAXABLE INCOME - MAYBE
- AMERICAN RELIANCE ON GOVERNMENT AT ALL-TIME HIGH
- IS THE SALON INDUSTRY A GREAT INDUSTRY OR WHAT!
- CHECK THIS OUT...
- MY SCHEDULE
- BEING A STYLIST IS A GREAT CAREER
- A GUIDE TO AVOID AN IRS AUDIT
- MORE ON THE HOMEBUYER CREDIT
- QUOTE OF THE WEEK
- ASK AN ACCOUNTANT
- HERE IS YOUR GOVERNMENT'S FINANCIAL STATEMENT FOR ...
- NEW CAR SALES TAX DEDUCTION
- IRS HAS EXTRA $1.3 BILLION IN UNCLAIMED REFUNDS - ...
- 12 TRAPS TO AVOID WHEN CONVERTING TO A ROTH
- QUOTE OF THE WEEK
- CAN’T GET A W-2
- 'THE OTHER SIDE OF HAIRDRESSING'
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March
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