By Scott Lewis, CPA, MSAIf an automobile dealership has elected New Vehicle LIFO (Last-in, First-Out), chances are that they are using the Alternative New Vehicle…
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…