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Entries by Kevin Sullivan, Jeff Taylor

Tax Reform’s Impact on the Buy Here - Pay Here World

Posted 5:00 AM by
Like it or not, tax reform is here, and its impact is far-reaching. President Trump signed the Tax Cuts and Jobs Act (TCJA) into law on Dec. 22, 2017. The Act includes various provisions that Buy Here - Pay Here (BHPH) dealers should know. As we study and digest these changes, there are numerous questions and situations that the law itself does not clearly address. Technical corrections will likely be made by Congress as well as regulations issued by the IRS throughout 2018.
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