Possibly Save Taxes by Switching Methods

Dealers that currently use LIFO may want to consider changing to the new IRS Revenue Procedure 2008-23 - Vehicle Pool Method. This new procedure was issued in March 2008 and is effective for tax years ending on or after December 31, 2007. Even if you have filed your 2007 dealership return you can still take advantage of this new method. For more information on this new method that may save you tax money either go to IRS.gov or email me at info@realdealersuccess.com.