By Zach WimbergerFor dealers on the new vehicle Last-In, First-Out (LIFO) method, potentially significant levels of LIFO taxable income recapture from prior years have become…
By Ken Rosenfield, CPAAs we approach the final few months of 2021, we are receiving an influx of calls and emails from our automotive dealer…
By Scott Lewis, CPA, MSAThe employee retention credit (ERC), which is a refundable payroll tax credit for employers was established with the enactment of the…
by Scott Lewis, CPA, MSAThe last set of final regulations from the IRS to implement the 100 percent additional first-year depreciation deduction, or bonus, was…