Hybrid Vehicles Qualify for Big Tax Savings

Good News for New Yorkers: Governor Pataki Signs New Hybrid Tax Bill

If you bought or are thinking about buying a Honda Insight, hybrid Civic or Toyota Prius, you stand to get a $2,000 federal income tax deduction and, if you live in New York State, a state income tax credit of $2,000, plus a partial refund of your sales tax. 

For the latest info on New York State tax breaks, hit the New York Tax Law link, above.

For the latest on the federal income tax deduction, hit the Federal Tax law link, above. 

Feel free to e-mail me if you have any questions.

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