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Articles 31 - 40 of 89

Automobile, Tax
Steven Barber | 2.1.2022

There Is Still Time for Auto Dealers to Claim the Employee Retention Credit

Learn more about the Employee Retention Credit for auto dealers including timeline and eligibility requirements.

Automobile, Tax
Brett Cubellis, Michael Schneid | 8.17.2021

IRS Announces 2021 Automobile Depreciation Limitations

Learn more about the 2021 Automobile Depreciation Limitations and lease inclusion amounts for passenger automobiles placed in service in 2021.

Automobile, Coronavirus, Internal Revenue Service, Tax, Tax Impact
Sarah Hoagland | 6.24.2021

LIFO Liquidation Relief for Automotive Dealers

Learn more about the LIFO liquidation relief for automotive dealers due to supply chain issues brought on by the COVID-19 pandemic.

Automobile, Tax
Steven Barber | 4.1.2021

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.

Automobile, Business Advisors, Fraud/Investigative & Forensic Accounting
Alyssa Brunatti | 11.16.2020

Fake News or Fake Truck? Hindenburg Alleges Nikola One Videos Were Faked

Nikola Motor Company (“Nikola”) is an Arizona-based startup company that designs and manufactures electric components, drivetrains and vehicles.

Automobile, Continuity, Coronavirus
| 8.27.2020

U.S. Car Manufacturing at Risk?

The automotive industry plays a major role in the United States’ economy, comprising approximately 4% of the country’s economic output each

Automobile, Tax
Brett Cubellis | 8.11.2020

IRS Micro-Captive Letter 6336 Round 2 Issued

Learn more about how the IRS is issuing a second round of 6336 Micro-Captive Insurance letters to taxpayers it believes participated in micro-captive insurance transactions to kick off enforcement.

Automobile, Business Advisors, Continuity, Coronavirus
Schneider Downs Professional | 7.24.2020

What is the Impact of COVID-19 on Dealership Valuations?

When the COVID-19 outbreak was declared a national emergency on March 13, nonessential businesses were closed by government order, which triggered a national

Automobile, Coronavirus, Paycheck Protection Program (PPP)
Steven Barber, Henry Szymanski, Stephen Thimons | 5.20.2020

Documenting Paycheck Protection Program Requirements of “Need and Liquidity”

INTRODUCTION There has been significant, additional attention and scrutiny surrounding the required Paycheck Protection Program (“PPP”) loan

Automobile, Tax
Steven Barber, Kathleen Petrucci | 3.26.2020

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

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