: Generally limited to dealerships with average annual gross receipts under $25 million (indexed for inflation, currently closer to $26–30 million).
: Dealers may owe taxes on profits they haven't actually collected in cash yet. Cash Basis Accounting : buy here pay here accounting method
To manage the tax burden of accrual accounting, many BHPH operators use a : Money matters: 3 major accounting changes to watch : Generally limited to dealerships with average annual
: Income is recorded only when actual payments are received from the customer. buy here pay here accounting method