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Day: November 25, 2017

This Holiday Season May Be Your Last Chance To Deduct Sales Taxes

This Holiday Season May Be Your Last Chance To Deduct Sales Taxes

Kelly Phillips ErbNovember 25, 2017July 29, 2022

Save those holiday receipts because you might be able to deduct them on your federal income tax return – but it might be for the last time. The tax reform bill currently in Congress would eliminate the sales tax deduction, along with the state and local income tax deduction.

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