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Tax Planning, Compliance, and Consulting

line Services include:
  • Selection of appropriate entity
  • Corporate tax return preparation
  • Individual tax return preparation
  • Maximization of tax deferrals and deductions
    • LIFO elections, calculations, and planning
    • Deferral of internal profit on reconditioning
    • Deferral of factory credits
    • Expensing of advertising included in inventory
  • Compliance with IRS regulations
    • Demo policies
    • Sub-prime financing
    • Used vehicle writedowns
  • Estate planning
  • Cost segregation
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How did your used vehicle department perform on the wholesaling of units in 2007?
 
Showed a profit
 
Broke even
 
Lost money
   


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