Clarification on 100% Bonus Depreciation for Dealership Owners
The Internal Revenue Service released proposed regulations on utilizing 100% bonus depreciation for dealerships that deduct floorplan interest expense.
Ohio Truckers See Increases in State Fuel Taxes
Truckers and other drivers in Ohio saw an increase in state fuel taxes earlier this summer when the Ohio tariff on gasoline increased 10.5 cents (to a
Tax Credits for Plug-In Electric Drive Vehicles
Eco-friendly electric vehicles have received another boost in popularity after the federal government introduced tax credits for individuals and businesses
New Standard Mileage Rates for 2019
In December 2018, Washington D.C. embraced the Holiday spirit with a federal tax update, resulting in an increase to standard mileage rates and presumably