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Found 1 result

  1. MidlifeVenture
    Good news if you are ready to buy new Update 02/13/09 at 11.30 am. Our government just announced that motorcycles will be included in the stimulus package. “The bill would let those who buy a new car, light vehicle, recreational vehicle or motorcycle in 2009 deduct state and local sales taxes as well as any excise tax charged in the purchase. The deduction would be available to those earning less than $125,000 ($250,000 for joint filers). It will be an above-the-line deduction, meaning even taxpayers who don’t itemize may take it in addition to the standard deduction. Estimated cost: $1.7 billion”.
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