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Ford Hybrid Cars Qualify For Tax Credit

June 24th, 2006 at 06:23 pm

A bunch of new IRS tax press releases, most of which were job position announcements, but there was one that may be of interest to those looking to purchase a hybrid car. The IRS announced that three new Ford / Mercury hybrid vehicles had been approved for IRS energy tax credits:

Ford Escape Front WD Hybrid Model Year 2007 $2,600
Ford Escape 4 WD Hybrid Model Year 2007 $1,950
Mercury Mariner 4 WD Hybrid Model year 2007 $1,950

More Tax Release News

June 8th, 2006 at 05:15 am

Lots of new tax releases, but most probably not applicable to the majority here unless you are considering buying a hybrid car or you owe the IRS money:

The IRS announced that there will be an increase in the interest rates for the calendar quarter beginning July 1, 2006. Each of these interest rates increases by a single interest point over the rate in the second quarter.

The IRS also announced that Ford and Mercury Sold 6,100+ Hybrid Vehicles while Toyota and Lexus Sold 41,000+ Hybrid Vehicles this people can continue to claim the hybrid tax credit during the next quarter if the purchase a qualifying vehicle.

Lastly, the IRS had released updated information on the special enrollment exam

IRS Tax Press Releases

June 3rd, 2006 at 05:23 am

The IRS has released three new tax releases - probably won7t apply to anyone here, but have updated our sister site with the information:

There are seven Honda Hybrid Cars that have qualified for the hybrid car tax credit.

Charities have been reminded by the IRS not to participate in political campaign activities and has set up an enforcement program to make sure that charities don't do do.

The IRS has put in place an explanation on how commercial property owners can participate and receive the energy efficiency deduction for their properties.

More Gas Tips

June 2nd, 2006 at 08:14 am

I've decided on a goal of finding and writing about 101 gas saving tips along with some issues to think about with each one before going out and trying to adopt it. I listed Gas Coupons and Gas Discount Days as ways to possibly save and also wrote the first one where you're not likely to save money - Shop Around For The Best Gas Price - which is often given as a gas saving tip, but will likely cost you money in the long run. I'll keep adding these as I find time between my packing...

Gift Cards To Save On Gas

May 30th, 2006 at 02:06 am

if you're willing to do a little searching on online auctions and keep an eye out for special promotions, you can get gas gift cards at below their retail value. The better deal you get, the more you save on gas.

When I'm back in the US, I often purchase Costco gift cards off of friends at 95% of value. Since the Costco stations offer the best gas prices in my area, this works out quite well for me.

Gas Station Cards

May 29th, 2006 at 04:08 pm

If you frequent a particular gas station most of the time and that particular brand has a gas card or branded credit card, you should consider applying for it. Even if it doesn't pay as well as the gas reward credit card, there will likely be promotions and special offers that are tied to it that can be quite valuable. The two combined together will make it much more likely that you always get the best refund back when purchasing gas with a card.

Fuel Bank Gas Savings

May 28th, 2006 at 02:22 pm

This is actually a neat little concept call the Fuel Bank. Basically what you do is purchase your gas at today's prices and they are locked in at that prepaid price. So if you purchase 1000 gallons of gas at $2.75 today and the price shoots up to $3.95 six months from now, you still are only paying $2.75 per gallon every time you fill up. While there are a few issues to look at and the program isn't nationwide yet, it is something to consider if you think that gas prices will continue to rise.

Gas Savings - Cash and Credit Cards

May 28th, 2006 at 07:30 am

I've placed up a number of short posts about how you can save money with credit cards and cash when purchasing gas including some hints of what to do to make sure you're using the method that will get you the most money back.

Some gas stations offer a discount if you pay in cash rather than by credit card. There are also cash back credit cardsthat you can use to save money and now there are even gas specific reward credit cards to save you money.

Figuring out which of these gives you the biggest discount can save you quite a bit over the course of a year.

Gas For Advertising

May 28th, 2006 at 03:28 am

I posted about a newer concept that is available in limited areas (supposedly going nation wide this year, but assume it will take a few years to cover most big cities) where you can place advertising on your car in exchange for receiving gas cards. You have to drive quite a bit to qualify (1000 miles a month minimum), but if you already drive this amount, it could be a good way to shave a little bit of money off your monthly gas bill.

Saving On Gas Tips

May 27th, 2006 at 06:13 pm

I just spent the last few hours surfing the Internet looking for tips to save money on gas - there are quite a few of them. I need help if you know of any other tips (whether they work or not) that I may have missed. Thanks for your help in advance.