Our Thoughts On Archive

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.

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

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.

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

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

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