Charitable Deductions for Defective Inventory

Published Categorized as Articles, Houston, Tax

Manufacturers and retailers frequently face the challenge of handling defective or obsolete inventory that cannot be sold. This situation often results in waste. The inventory has some utility or value, but the benefit of repurposing or rehabilitating the inventory is often outweighed by the cost of handling or repurposing the inventory. Examples are easy to… Continue reading Charitable Deductions for Defective Inventory

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