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Tag Archives: sales tax deduction 2016

Tax Brief

Deduction for state and local sales tax benefits some, but not all, taxpayers

By Legacy Protection, LLP |

The break allowing taxpayers to take an itemized deduction for state and local sales taxes in lieu of state and local income taxes was made “permanent” a little over a year ago. This break can be valuable to those residing in states with no or low income taxes or who purchase major items, such as a car or… Read More »

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