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OBBB Trump Accounts: Building a Financial Head Start for Children
Trump Accounts, created under the One Big Beautiful Bill (OBBB), offer families a new way to invest in their children’s future. Eligible newborns receive a

IRS Releases FAQ on Expiring Clean Vehicle Credits: What Dealerships Need to Know Before September 30
The IRS has issued new guidance on the clean vehicle tax credits that are scheduled to end on September 30, 2025. These credits—covering used clean

One Big Beautiful Bill Updates for Research Expenditures: IRS Issues Guidance on Implementing Section 174A
The IRS has issued Revenue Procedure 2025-28, giving taxpayers clear guidance on making elections, changing accounting methods, and applying transition rules under the new Section

Navigating Your CPA License: A Step-by-Step Guide
If you’re considering a career in accounting, becoming a Certified Public Accountant (CPA) is one of the most important steps you can take. Earning your

How Involved Should You Be in Exit Planning?
A big hurdle that business owners struggle to get over when creating an Exit Plan is, “I don’t have enough time to do all that.”

One Big Beautiful Bill: Essential Tax Changes for Auto Dealerships
Auto dealers are facing a significant tax‑policy makeover following enactment of the One Big Beautiful Bill (OBBB) on July 4, 2025. While core provisions of the Tax

Considerations to Navigate Complex Tax Planning for Manufacturers
Inflation has slowed, but manufacturing companies are still contending with global supply chain issues, workforce shortages and questions about how pending legislation and the 2024

Three Key Nonprofit Tax Compliance Challenges to Avoid
Tax compliance is a prerequisite for a nonprofit’s future success. Running afoul of the IRS can cause a nonprofit organization to lose its tax-exempt status,

Headlights: NADA Show
Download the PDF Refresher on Fixed Operations Success Over the last couple of years, dealerships have generally experienced record sales and volume growth. Today, there

Headlights: Winter 2023
Download the PDF Dealership Real Estate and “Blue Sky” We are routinely asked to assist clients evaluating potential dealership transactions. Among the first two questions

Headlights: Spring/Summer 2023
Download the PDF Parts Inventory Management Best Practices The parts department affects every other department in the dealership. By adhering to industry “best practices” regarding