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Description:
Several new federal income tax credits kicked in this year for buying new fuel-efficient vehicles. In this article, we explain two of them, list the IRS-approved credit amounts to date, and show you how to combine the credit with another tax break for home equity loans. Notice: If you’re interested in a Toyota or Lexus model, you will probably have to make your purchase before October to collect the full credit. Click "Full Article" for the details.
History/Notes:
LSSLC, LLC provides the information in this newsletter for general guidance only, and does not constitute the provision of legal advice or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. 

The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.