Tax Laws and Regulations - Automotive
Court Cases, Revenue Rulings, Internal Revenue Codes, and Treasury Regulations
New tax laws and regulations may affect your tax situation. View important rulings related to the following topics:
- Business Expenses
- Finance and Insurance
- Independent Contractor or Employee
- Methods of Accounting
Revenue Procedure 2001-56 (PDF), provides simplified methods auto dealerships can use to determine the dollar amount to be included in, or excluded from, the income of employees provided with vehicles by dealerships.