IRS to Post Publication 600 on it's website by 12/23

Bob Erickson, an IRS official predicted, that the service will post Publication 600 along with sales and use tax tables on it's website by the end of the week of December 20 while on "Tax Talk Today," a monthly webcast about current tax issues.

Publication 600 will provide the rules and tables for taxpayers electing to deduct state and local sales and use taxes instead of state income taxes on their federal income tax returns. The election should be of particular interest to states that do not impose an income tax such as Florida and Texas.