Wednesday, January 31, 2007

IRS Introduces Sales Tax Calculator

Earlier today the Internal Revenue Service announced a new online tool to help individual taxpayers. The tool is an online calculator designed to help people who itemize to determine if they will benefit more from deducting their local sales tax or their state income tax. For those not wanting to use the calculator, the IRS also has an online worksheet you can use to calculate the amount. You check out the calculator by clicking here.

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