Tax Planning Strategies for Car Dealerships: Cost Segregation
Withum
FEBRUARY 3, 2025
Owning a car dealership can present a golden opportunity to reduce your tax liabilities. One such opportunity is cost segregation , allowing dealerships to speed up depreciation deductions, which can lead to significant tax savings early on. ” In 2024, the maximum deduction is $1.12 What Is Cost Segregation?
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