- Industries
- Automobile Dealerships
Automobile Dealerships
Driving your business forward
The automobile dealership industry has unique challenges, including complex financial statements and specialized accounting and tax methods. Over time, we have developed a wide range of expertise from serving clients in the auto dealership industry. We can provide sound advice on dealership financing, accounting, management, and taxation.
Tax Services for Auto Dealers
- State & Local Tax (SALT)
- Sales & Use Tax
- Tax planning and preparation
- Tax resolution
- Research and Development (R&D) Tax Credit
- Industry specific tax deductions and credits
- Tax deferred exchanges
- Tax minimization strategies
- Depreciation strategies
- Cost Segregation Studies
- Payroll and Employment Tax
- Estate and Gift Tax planning
- IRS audit assistance
Assurance Services for Auto Dealers
- Fraud investigation & forensic accounting
- Financial Statement preparation
- Examinations
- Forecasts and projections
Advisory Services for Auto Dealers
- Management advisory
- Cash flow analysis
- Benchmarking
- Employee Benefit Plan Advisory
- Ownership buy-in / buy-out
- Sales & Use Tax consulting
- Financial due diligence
- Lease vs. purchase analysis
- Income Tax Nexus Studies
- Entity formation and selection
- Entity structure analysis
- Internal Control Studies
- Financing assistance
Outsourced Accounting for Auto Dealers
- Payroll assessment and administration
- Selection, implementation, and operation of accounting software