July 23, 2019

Here’s a true story from the IRS.

To put the story in context, I am putting you in the driver’s seat.

You Buy a Vehicle

You buy a new vehicle from your local dealership with zero percent financing. You complete all the paperwork, including the purchase order and vehicle registration, and leave the dealership owning the vehicle.

Dealer Oops

The next day, the dealership calls you and says there’s been a mistake: you a...

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