| The much Dreaded April 15th tax filing day is fast | | | | 2006 may qualify for this Credit |
| approaching. Here are 4 tax tips direct from the IRS | | | | 3 - Some much needed relief for Teachers. |
| that can help save you money and aggravation. | | | | The IRS allows teachers to deduct up to $250 for |
| 1 - Sales Tax Deduction can help some taxpayers | | | | classroom supplies without having to itemize. |
| save money. | | | | 4 - Relief for Disaster Victims |
| The deduction for sales taxes paid on everything from | | | | The IRS will allow you to deduct looses do to a natural |
| aerosol spray to washing machines maybe tax | | | | disaster. The IRS classifies a casualty as the damage, |
| deductible. Like most deductions these are only | | | | destruction or loss of property resulting from a sudden, |
| available if you itemize. The rules are a bit tricky and | | | | unexpected or unusual event. The losses can result |
| you can only use this deduction if you don't claim the | | | | from natural or man-made disasters. |
| state income tax deduction. For some taxpayers in | | | | People in St Louis maybe able to deduct looses from |
| states with low or no income taxpayers using this | | | | the Thunder Storms and power outages in the |
| deduction can save you Money | | | | summer and Ice Storm and Power Outage in the |
| 2 - Tax Saving Autos | | | | winter. Other disaster such as Fire, Theft, Flood, |
| The Energy Policy Act of 2005 created a series of | | | | Mudslide and Vandalism just to name a few may |
| tax credits for fuel-efficient vehicles like hybrids. The | | | | qualify for savings. |
| IRS Lists more then 40 vehicles which if purchased in | | | | |