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Smart Belt Coalition Combining Research on Autonomous Vehicles; Pennsylvania Developing Regulations

The Pennsylvania Department of Transportation (PennDOT), Pennsylvania Turnpike Commission (PTC), and Pennsylvania universities have formed the Smart Belt

Remember - Demos are Fringe Benefits

As we come out of tax season, we always encounter a few things that are worth following up with our automotive clients. Demonstrators (“demos”)

The State of the Automobile Industry

The automobile industry experienced a great year in 2015 with annual sales of light vehicles (SAAR) reaching an all-time high of 17.5 million units. As

Can a Vehicle-Related Benefits Program Reduce Costs?

A current issue within not-for-profit and governmental entities is whether it makes financial sense to provide vehicles to employees or to reimburse them
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New Lease Standard and Impact on Automobile Dealers

On February 25, 2016, the Financial Accounting Standards Board (FASB) issued its new lease accounting standard, FASB Accounting Standard Update 2016-02

Beer Run - The First Commercial Delivery by a Self-Driving Truck

On October 20, 2016, a self-driving tractor-trailer traveled 120 miles down a Colorado highway and made a delivery of 51,744 cans of Budweiser beer. This

Harsher Penalties for Toll Skippers on PA Turnpike Takes Effect This Summer

75 PA. C.S. § 1380 ("Section 1380") will be taking effect this summer and will allow the PA Transportation Department to suspend the vehicle

Another Year Past, Another Task...

As the year draws to a close, it is a time to reflect on the past 12 months and to ponder what worked and what didn’t. It is also a time for us accountants
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Auto Dealers Should Revisit Pay Plans in Light of New Overtime Rule

On May 18, 2016 the Department of Labor issued new overtime rules in which an estimated 4.2 million currently exempt employees will become entitled to

Is Your Construction Company Treating Automobile Allowances Correctly?

A recent post on the Construction Financial Management Association (CFMA) website posed the question, “Are car allowances always taxable?”
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