It might be prudent to discuss this issue with your accountant as the State and Federal taxation laws vary and depend on whether you are a Sole Proprietor, Partnership,Corporation or LLC.
This clears some things up but then again also leads to more questions lol. The fact that you can get taxed on your inventory is bonkers to me. Especially when I consider that we've had some frames...
That’s why the end of the year is a good time to buy a new car. Dealers would rather sell for a smaller profit than be taxed on inventory still in stock. I always stoped ordering frames by around...
It might be prudent to discuss this issue with...
It might be prudent to discuss this issue with your accountant as the State and Federal taxation laws vary and depend on whether you are a Sole Proprietor, Partnership,Corporation or LLC.
rbaker 05-01-2024, 05:37 PM