Archive for August, 2009


Cash for Clunkers Tax Rules

What are the Cash for Clunkers tax rules? Do you have to pay federal income tax on the Cash for Clunkers program?
There seems to be a lot of confusion around the tax rules for the Cash for Clunkers program which ended this week. One of the tax rules currently being debated is whether or [...]


State Sales Tax Holidays

State sales tax holidays are here! If you’re lucky, your state will encourage you to shop on specific days this summer and fall to avoid paying sales tax. Sales tax holidays vary by state. Here is an overview of the dates and savings for each state:
Alabama

Date: August 7-9
Savings: 4%

Connecticut

Date: August 16-22
Savings: 6%

Georgia

Date: July 30 – [...]


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