It turns out dealers will have to pay taxes on the thousands of dollars in rebates they receive under the federal cash-for-clunkers program, according to an IRS advisory bulletin issued today.
Tags: Advisory Bulletin, Internal Revenue Service, Irs, Rebates, Taxable Gross Income, Taxable Income, Thousands Of Dollars
It turns out dealers will have to pay taxes on the thousands of dollars in rebates they receive under the federal cash-for-clunkers program, according to an IRS advisory bulletin issued today.
Tags: Advisory Bulletin, Irs, Rebates, Taxable Gross Income, Taxable Income, Thousands Of Dollars