Articles 1 - 10 of 91
Shocking! A Dealer Reporting EV Sales to the IRS is Confusing!
Learn more about the confusing requirements of auto dealers that sell electric vehicles and the highlights of the 2023 process for reporting EVs.
Dealers Get an Extension for Time-of-Sale Reports for EVs
Learn more about the IRS-released Rev. Procedure 2023-38 that extends the three-day time period through January 16.
Explaining the Transfer/Advance Payment of Clean Energy Credits and Energy Credits Online Registration
Learn what is needed to elect to transfer New Clean Vehicle Credits and/or Previously Owned Clean Vehicle Credits to auto dealers at the time of purchase.
How Did the IPIC Method Fare for Auto Dealerships Inventory in Year 2?
Learn more about the Inventory Price Index method of accounting used for automotive dealerships' inventory for 2023 taxes and what we are seeing as we finalize 2022 returns.