Running a propane business means keeping track of many moving parts – fuel supply, customer service, deliveries, and safety compliance – to name just a few. However, one essential area that often goes unnoticed until it causes problems is taxation. Propane tax laws are constantly being updated at both the federal and state levels, and… Continue reading Keeping Up with Propane Tax Law Changes
An essential component of the daily operations in every propane company is the constant need to keep up with regulations that shape how your business is taxed and what compliance steps you must take. Tax codes that apply to propane are not fixed; rather, they can shift with any changes in federal policy, state budgets,… Continue reading Tracking Tax Updates
Propane business audits in the industry are crucial for ensuring compliance, safety, and efficiency. Here’s how you can prepare to make the process as smooth as possible: Know What to Expect First, understand what auditors will look for. They check safety practices, compliance with regulations, the condition of equipment, and how records are kept. Knowing… Continue reading Stay Audit-Ready and Strengthen Your Propane Business
Conducting effective audits of propane equipment is essential for ensuring safety, efficiency, and regulatory compliance. An equipment audit involves a thorough inspection and review of all propane-related apparatus and systems. This guide outlines how to perform these audits effectively, providing a structured approach to maintaining your propane operations. Preparation Phase Understand the Regulations Begin by… Continue reading A Guide to Conducting Propane Equipment Audits
