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Automobile

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The Border Adjustment Tax is Out of the Tax Reform Plan

A hot topic at the National Auto Dealers Association Convention back in January was the Border Adjustment Tax (“BAT”). Auto dealers can be ... read more >

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”) ... read more >

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 ... read more >

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 ... read more >

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 ... read more >

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 ... read more >