Rev up for the Winter 2025 issue of Dealer Vision! This edition is fully-loaded with the insights and strategies to keep your dealership running at peak performance. Inside, explore key takeaways from the AICPA Dealership Conference, master the art of implementing a strategic parts matrix, and discover the advantages of a cost segregation study.
Inside This Issue
The Future of Automotive Retail: Insights From the 2024 AICPA Dealership Conference
Authored by: Vin Banek; Jen Moylan, Lead Consultant, Advisory OASys; Michele D’Antonio; and Amy Robinson, CPA
For automotive accountants and CFOs, the AICPA Dealership Conference is the ultimate destination to connect with industry contacts, clients, and fellow accounting firms to discuss the latest hot topics and trends for the current and upcoming year. Let’s review the highlights and key takeaways from the conference.
Driving Profit Through Fixed Operations: How a Strategic Parts Matrix Can Keep Your Dealership Thriving
Authored by: Frank O’Brien, Partner and Patrick Schroll, CPA, CFE
A well-maintained, data-driven parts matrix is essential for keeping your dealership profitable amid declining vehicle gross profit and evolving market forces. Here are the key action items to implement a strategic parts matrix effectively.
Tax Planning Strategies for Car Dealerships: Cost Segregation
Authored by: Martin Harski, Principal
Owning a car dealership can present a golden opportunity to reduce your tax liabilities. One such opportunity is cost segregation, allowing dealerships to speed up depreciation deductions, which can lead to significant tax savings early on. Let’s break down cost segregation, explain how it works, and show why it’s crucial for improving your cash flow and overall financial bottom line.
Contact Us
For questions or additional insight, contact Withum’s Dealership Services Team to help address your dealership challenges.
