Dealerships and Unclaimed Property - What You Need to Know Across the country, states are conducting unclaimed property audits of dealerships. Whether an item may be considered unclaimed property...
Newly Updated FTC Safeguard Rules & The Impact to Dealerships Auto dealerships have a plethora of business-related items to deal with on a day-to-day basis. With the level of customer data needed...
States’ PTE Tax Elections: Status and Issues to Consider for Dealerships Nearly 30 states now allow pass-through entities (PTEs) to elect to be taxed at the entity level as a workaround to the...
Clean Vehicle Credit Comes With Caveats The Inflation Reduction Act (IRA) includes a wide range of tax incentives aimed at combating the dire effects of climate change. One of the provisions...
Proposed Relief For Dealerships Using LIFO The supply chain for many U.S. companies was disrupted due to the global COVID-19 pandemic, and inventory levels at the end of 2020 and 2021 were...
Many dealerships in the auto industry were forced to close their operations as a result of the coronavirus pandemic while others were forced to severely limit their offerings. One way to continue to...