Is a speed limitation sufficient for the FET off-highway vehicle exception?

Adding lift axles to commercial trucks can create unexpected Federal Excise Tax (FET) considerations. Learn how IRS rules involving parts and accessories, further manufacturing, and vehicle modifications may affect tax...

Determining whether a truck body is subject to Federal Excise Tax (FET) isn't always straightforward. Gain insight into the IRS suitable for use test, its implications for truck body manufacturers and upfitters, and...

Determining the taxable sale price for Federal Excise Tax (FET) purposes can become complicated when transportation and delivery charges are involved. This article explores how delivery arrangements can affect FET...