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Recent Articles
Using Succession Planning Services to Set Smart Exit Goals
As the saying goes, you can’t take it with you. Every business owner will eventually have to exit their business, whether by choice or because
Headlights: Autumn 2023
Download the PDF Managing Factory Incentives With supply chains still shaking off the effects of the pandemic and demand starting to soften, original equipment manufacturers
Should Your Auto Dealership Elect LIFO for 2023? Time To Decide is Running Short.
New vehicle inventories have continued to build since the lows experienced during and immediately following the pandemic, and with inflation and profits at near record
Driving Dealership Profitability Through Ancillary Business as the Automotive Industry Evolves
Even through a global pandemic and record inflation, automotive profitability soared during 2022 and remains strong for 2023. Despite overall growth across the industry, many
How to Glean Meaningful Manufacturing KPIs from Financial Statements
As a manufacturer, you are most likely already tracking fundamental key performance indicators (KPIs) like sales, expenses, and profits. In addition to these critical metrics,
U.S. Treasury Department Update: EV Tax Credits
Yesterday, members of ARB’s Dealer Services team attended a clean vehicle tax credit briefing hosted by the U.S. Treasury Department to discuss the technical aspects of dealer registration and the EV tax credit portal in preparation of its opening.
Firm to Table: A Tasting Menu of Meals and Entertainment Deductions in 2024
Keeping up with meal and entertainment expense deductions can be confusing. The Tax Cuts and Jobs Act (TCJA) of 2017, enacted in 2018, introduced significant
Change Is Coming for Crypto Reporting: IRS Releases Draft of Form 1099-DA
On April 18, the IRS released a draft version of Form 1099-DA, the form that will be used to report digital asset proceeds from broker
Cash Flow Management for Auto Dealers: How to Boost Profits Amidst Disruptions
A version of this article was originally published by the MSADA For automotive dealerships, maintaining a healthy cash flow has never been more crucial than
How the Credit Card Swipe Fee Settlement Will Set Retailers Free
On March 26, credit card giants Visa and Mastercard reached a monumental $30 billion settlement with retailers. The settlement ends a longstanding legal battle over
Don’t Let Prevailing Wage Requirements Get You Down: A Proactive Approach to Energy Efficiency Incentives
Section 45L and Section 179D of the Internal Revenue Code—the Inflation Reduction Act (IRA) has brought significant changes to both incentives. Possibly the most cumbersome