The Internal Revenue Service reminds consumers to avoid identity theft scams that use the IRS name, logo or Web site in an attempt to convince taxpayers that the scam is a genuine communication from the IRS. Scammers may use other federal agency names, such as the U.S. Department of the Treasury.
In an [...]

The tax credit for hybrid passenger automobiles and light trucks manufactured by Ford Motor Company has begun to phase out for purchases made after March 31, 2009.
Taxpayers may claim the full amount of the credit only on purchases made before April 1, 2009, because the total number of vehicles sold reached the [...]

The Internal Revenue Service announced today that taxpayers who buy a new passenger vehicle this year may be entitled to deduct state and local sales and excise taxes paid on the purchase on their 2009 tax returns next year.
“For those thinking about buying a new car this year, this deduction may give them [...]

The Internal Revenue Service is offering Alabama car buyers a tax break. The tax deduction is for next year’s taxes for vehicles purchased during certain times in 2009.
The tax agency announced Monday that individuals who buy a new car may be entitled to deduct Alabama and local sales and excise taxes paid on the [...]

An effort to remove the state’s 4-cent sales tax from groceries failed in the Alabama House.
A vote to bring the proposed constitutional amendment up for debate failed on Tuesday. The House voted 56-42 for the bill, but that fell short of the 59 votes needed to bring it up for debate in the 104-member House.
The [...]