60-second Retail
60-second Retail
BDO USA
Excess Inventory Tax Strategies
5 minutes Posted Jan 4, 2023 at 5:00 am.
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Show notes

How can retailers use extra inventory to lower their total taxable income? What tax benefits might there be for a retailer who chooses to donate excess inventory? Tune into this episode where James McNamara, Partner in Core Tax Services at BDO USA, lays out some considerations for retailers when determining the best way to manage excess inventory.