Being environmentally conscience can be an advantage when it comes to saving you some money on your taxes with the fairly new hybrid car tax deduction. This is a new provision, since 2004, under the Working Families Tax Relief Act that allows for a hybrid automobile tax reduction. It can only be used once, but if you have recently bought one you could qualify for the tax reduction.The way it can be taken advantage of is for those owners who bought them from the year 2004 and 2005 only. There …

When donating your car to your favorite charity, the Internal Revenue Service (IRS) wants you to be aware of certain pitfalls. After December 31, 2004, taxpayers planning their charitable giving, donors should understand the way that the American Jobs Creation Act of 2004 will alter the rules for the contribution of used motor vehicles, boats and planes.When the claimed value of the donated motor vehicle exceeds $500 and the item is sold by the charitable organization, the taxpayer is limited to the gross proceeds from the sale. Under the rules …

Car insurance is something that every car owner should have, without it you will be unable to obtain car tax and will therefore be driving a car illegally.Everyone jokes about women drivers so are women drivers penalised when it comes to taking out car insurance? The answer is no, over the past few years insurance companies have jumped on the band wagon and actually turned this theory upside down, more often that not insurance companies are now aiming to attract women drivers offering them lower car insurance quotes simply because …