Our Thoughts On Archive

Tax Credits for Electric Vehicle Charging Stations

Learn more about the Electric Vehicle Charging Stations tax credit for the costs of any qualified alternative fuel vehicle refueling property.

IRS Inquires Are Being Issued for Micro-Captive Insurance Companies

Many dealers have received an inquiry regarding “Micro-Captive Insurance” and Notice 2016-66 (“Notice”). If you continue to participate

Which Reinsurance/Warranty Company Structure Should I Choose?

When your head stops spinning, take a deep breath and let’s discuss the types of reinsurance/warranty companies you should consider. The number of

Wearing the Color Pink: What an Experience!

In February of this year, I joined the team for the American Cancer Society’s (“ACS”) 2019 Real Men Wear Pink campaign, an effort that

Clarification on 100% Bonus Depreciation for Dealership Owners

The Internal Revenue Service released proposed regulations on utilizing 100% bonus depreciation for dealerships that deduct floorplan interest expense.

What Did Auto Dealers Give Up for 100% Floorplan Interest Deductibility?

There has been a lot of praise for the National Automotive Dealer Association (“NADA”) for lobbying for the 100% deductibility of floorplan