For the past few years, it seems like the IRS has been flip-flopping on whether or not you can deduct your inventory when you purchase it or if you need to wait until you sell it. In this video I'll tell you all about that ride and where I believe we've landed.

My Inventory article: https://notyourdadscpa.com/can-i-dedu...
New guidance (if you dare): https://www.govinfo.gov/content/pkg/F...

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