Tag Archives: #TaxSmartAutoSales

45. Tax Audit for Automobile Dealers: What compliance measures should Automobile Dealers follow to avoid tax audit issues?

Audit Proof Dealerships

Tax Audit for Automobile Dealers   Tax Audit for Automobile Dealers sure, here are some compliance measures that automobile dealers should follow to avoid tax audit issues: 1. Keep accurate records: This includes all of your income and expenses, as well as any other relevant documents. The IRS can request to see your records for… Read More »

45. Dealership Taxation: What compliance measures should Automobile Dealers follow to avoid tax audit issues?

Dealership Taxation   Sure, here are some compliance measures that automobile dealership taxation should follow to avoid tax audit issues: 1. Keep accurate records: This includes all of your income and expenses, as well as any other relevant documents. The IRS can request to see your records for up to six years, so it’s important… Read More »