Congress Extends Sales Tax Deduction Through 2007 The Victoria Advocate
On Dec. 8 Congress passed needed legislation that will allow Texas taxpayers to continue claiming a federal tax deduction for sales taxes paid in Texas.
Sales tax deduction is welcome '06 bonus The Oregonian
VANCOUVER -- If your 2006 purchases included a car, boat or home remodel, hang on to the receipts. Congress last week passed a bill that will allow Washington residents to deduct the state sales tax they pay from their 2006 and 2007 federal income taxes.
Arkansas Offers Tax Deduction for 529 Plans Arkansas Business
Arkansans can receive a state income tax deduction and other benefits for investing in children’s college education through a 529 plan, the state Department of Higher Education said Tuesday.
Taiwan Taxpayers May Get Higher Deduction For Educational Expenses Asia Pulse via Yahoo!7 News
The Legislative Yuan has completed a preliminary review of a proposed amendment to the Income Tax Law that would allow taxpayers to claim a higher deduction for educational expenses.
TAIWAN TAXPAYERS MAY GET HIGHER DEDUCTION FOR EDUCATIONAL EXPENSES Asia Pulse via Yahoo!7 Finance
Regulations / Law The Legislative Yuan has completed a preliminary review of a proposed amendment to the Income Tax Law that would allow taxpayers to claim a higher deduction for educational expenses.
Stolen jewelry a tax deduction Bankrate.com via Yahoo! Finance
The IRS could deny the deduction, arguing that your grandson took your jewelry because he knew you wouldn't do anything about it, says CPA George Saenz.
TAXPAYERS COULD GET HIGHER DEDUCTION FOR EDUCATIONAL EXPENSES Central News Agency
Taipei, Dec. 14 (CNA) The Legislative Yuan has completed a preliminary review of a proposed amendment to the Income Tax Law that would allow taxpayers to claim a higher deduction for educational expenses.
New tax deduction for mortgage insurance Bankrate.com via Yahoo! Finance
Just before convening, Congress slipped in a provision making mortgage insurance tax deductible on mortgages taken out in 2007.
New tax deduction created for mortgage insurance Bankrate.com
Mortgage insurance will be tax deductible in 2007. For some homeowners, the new law means it will cheaper to get mortgage insurance instead of getting piggyback loans.
Don't believe IRS forms: Sales tax deduction will be available The Olympian
Congress' restoration of the sales tax deduction comes in time for 2006 tax returns but not, it turns out, in time for the IRS. The tax agency already went to press for all the tax forms it mails to taxpayers - without the line for deducting state and local sales taxes.

Calculating deductions
To find out if a payment is subject to CPP contributions, EI premiums and income tax, see the topics below. All rates for 2006
T4032ON Payroll Deductions Tables Income tax deductions
Income tax; Government publications. T4032ON Payroll Deductions Tables Income tax deductions Ontario Effective January 1, 2007
Tax deduction Wikipedia, the free encyclopedia
A tax deduction or a tax-deductible expense represen an expense incurred by a taxpayer that is subtracted from gross income and resul in a lower overall
Glossary of Frequently Used Terms T
tax deduction (déduction fiscale). An amount deducted from total income to arrive at taxable income. care expenses and capital cost allowances are tax
Income Tax Department
11 containing the rates of deduction of income-tax from the payment of income chargeable under the head “Salaries” dg the financial year 2006-2007 and
Federal Tax Benefi for Tuition and Fees
Tax credi are subtracted directly from the tax a family owes, instead of being subtracted from taxable income like a tax deduction.
Income tax
The majority of taxpayers pay their tax through deductions that are made from their income before they receive it. This is called deduction at source.
Clean Fuel Tax Deduction for Hybrids Placed in service before 2006
Hybrids purchased after 2005, may be eligible for a hybrid income tax credit. Hybrids Certified for $2000 Clean Fuel Tax Deduction
Federal Income Tax Deduction
The State of Missouri allows a deduction on your individual income tax return for the Get your federal income tax deduction from your Federal Form!
Tax Deductions More Ways To Maximize Your Income Tax Deductions
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