Can I prorate sales tax on parts and repairs to my motor coach operating both in and outside of the state? Would you clarify the sales tax on the transfer of vehicles between related parties? These are a couple questions we hear regularly from our transportation clients.
Our transportation industry expert, Kim Mahanna, will address a few questions that have come from our clients in this webinar.
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These new rules will significantly impact the financial statements of transportation companies leasing real property, equipment, vehicles, and any other fixed assets. Here are five ways the new lease rules may affect transportation companies.
Over the past 45 years, we have dealt with several IRS audits involving the fuel tax credit claimed by our bus company clients.
This article will provide insight on employee stock ownership plans (ESOP) and how they can be an option for succession planning for transportation companies. An ESOP can provide many benefits, such as tax savings for owners and the business and increasing the culture of ownership by involving employees who have shown service and loyalty.
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