TAX 101

Showing posts with label inventory. Show all posts

Thursday, June 17, 2010

When calculating the cost of inventory, be sure to include all the taxes included in your cost.

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MS1040: For the past 16 years, I have owned an accounting and taxation firm in West Palm Beach, FL which specializes in small businesses. Throughout the years, I presented tax seminars on behalf of the Internal Revenue Service. Recently in an endeavor to further educate the average taxpayer, I started writing tax articles in the local newspaper. In order to educate more taxpayers on a wider range, I decided to blog.

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