If you're considering trading in your used car so you can buy yourself something new, you might want to move quickly. After the new year, the trade-in credit is going down and the sales tax is going up.
The average American household spends $2,279 on property taxes for their homes each year, according to the U.S. Census Bureau, and residents of the 27 states with vehicle property taxes shell out another $440.
The Better Business Bureau (BBB) serving Chicago and Northern Illinois is reminding businesses and consumers to file smart in an effort to keep their tax information secure and avoid tax-related scams.
Ted Dabrowsky is President of Wirepoints.com, a fiscal-policy focused site that "delivers original research, commentary and hand selected articles from other sources about Illinois’ economy and government."