10/08/2026
๐ฐ Tax Plan: Buy $500,000 of Goods on December 20 and Expense Them
Could a year-end inventory purchase create a valuable tax-planning opportunity?
Under certain tax rules, qualifying small businesses may be able to deduct merchandise purchases when bought and paid for, even if the goods remain in inventory at year-end.
๐ก The key: Your bookkeeping and inventory accounting method must support the treatment, and the purchase must be a genuine business transaction.
๐ Read the full blog: https://www.agfintax.com/buy-500k-goods-expense-them/
If your business sells merchandise, there may be a valuable year-end tax planning opportunity that many small-business owners overlook.