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Entries by Jeremy Lill

2020 Tax Considerations for Buy Here – Pay Here Dealers

Posted 2:00 PM by
Another year has begun, and taxes are on the minds of many. But instead of thinking only about filing a tax return, what should buy here – pay here dealers be considering in 2020? Here are a few financial and operational issues to consider – as well as their tax implications.
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Tax Reform Update for Buy Here – Pay Here Dealers: What Has Changed and What Comes Next?

Posted 7:05 PM by
The Tax Cuts and Jobs Act (TCJA) passed by Congress in December 2017 may seem like old news, but many buy here – pay here (BHPH) operators are just now feeling the impact of the changes on their tax returns. So, what looks different on your tax return this year, and what can you do to prepare for next year? The following is a summary of key provisions for BHPH operators and some practical takeaways:
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