Take advantage of the sales tax deduction

Take advantage of the sales tax deduction

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- advertisement -     Hello Talha, Take advantage of the sales tax deduction Most states and cities get a good portion of their operating revenue from sales taxes tagged onto just about everything you buy. But on the federal level, Uncle Sam lets taxpayers use those taxes to help reduce their IRS bills. The sales tax deduction is particularly welcomed by taxpayers in states that do not collect income taxes but do levy state sales taxes. Bankrate's 2012 Tax Guide Latest tax news, basics and calculators. 2011 tax bracket rates For the 2011 tax year, tax returns will be due April 17, 2012. Check taxes in your state A summary of the income, personal and sales taxes by state.     - advertisement -   National Rates Rates may include points. Product Rate +/- 1 yr CD 0.63% Savings / MMA 0.47% 30 yr fixed mtg 3.85% 30 yr fixed mtg refi 3.93% Rate Alerts - advertisement - - advertisement - © 2012 Bankrate, Inc. All Rights Reserved   Modify Your Profile | Privacy Policy | Add Us to Your Address Book | Unsubscribe You received this newsletter at talha.saeed@gmail.com because you subscribed and chose to receive email correspondence from Bankrate.com. Bankrate.com sends only verified opt-in email, specifically requested by our subscribers. If you no longer wish to receive the Daily Tax Tip Newsletter, please click here to manage your subscriptions. Bankrate, Inc. 11760 US Highway One Suite 200 North Palm Beach, FL 33408