The State and Local Sales Tax Deduction expired in 2011, but was extended thanks to the American Taxpayers Relief Act of 2012. Consequently, certain taxpayers will still benefit from this important tax deduction. Full story
Back to school shopping can put a dent in your wallet, that’s for sure. But in some states that pain is eased a bit by summer sales tax vacations. If you want to take a vacation from sales tax this summer, read more to see when one is offered in your state. Full story
This year, those who itemize their deductions have a choice to deduct, either the amount of state income tax paid or state and local general sales taxes paid. It’s either/or, you cannot take both. Find out more here. Full story
It is easy to miss the number of taxes and additional fees that are applied to airline tickets in the United States. Let’s define and shed light on these rates and charges that will be applied to your tickets the next time you travel with the airlines. Full story
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