Post a new topic
    4 Replies Latest reply on Apr 28, 2011 1:47 PM by LUCKIEST

    How does carrying inventory affect your tax rate?

    REIUSA Wayfarer

      I'm still getting the hang of this stuff but what ill affects does carrying inventory over from one year to the next year have? From 2010 to 2011 I had some inventory that wasn't sold and was told my taxt bill was substancially higher compared to if I had half the unsold inventory. I'm trying to get grasp on how and why I am getting taxed more because I have unsold inventory, it seems like I am getting taxed twice.