Economic conditions in the United States currently are confusing. Although there are currently some signs of a recession, there is still debate between organizations about whether the recession has officially hit or is still on its way. Supporting the argument of a...
Month: October 2022
Tips for Acing the Inevitable IRS Federal Excise Tax (FET) Exam
As Federal Excise Tax (FET) continues to be a source of confusion, frustration, and complexity for heavy-duty truck and trailer dealers, the thought of an IRS exam only increases the level of anxiety that dealers already have. As such, dealers would be wise to review...
Year-End Considerations for Manufacturers
As we approach the end of another year, there are a few common topics that I always like to discuss with our manufacturing clients prior to year-end to ensure they are taking advantage of tax opportunities, maximizing profits, and realizing efficiencies within their...