Category Archives: Tax Law

Form 8300 Cash Reporting Customer Notification

As part of the IRS cash reporting rule, on or before the January 31st following the calendar year for which the Form 8300 was filed, dealerships must provide a written…

2018 Year End Legal Review

Year-end tax and financial planning have become relatively commonplace. However, far too few businesses give proper attention to a fiscal or calendar year-end legal review. A systematic and wide-ranging review…

Dealership Withholding on Disability Benefits

Under the Internal Revenue Code, Section 105, Short and Long Term Disability benefits (“Sick Pay”) may be included in the gross income of an employee, which requires the dealership to…