Driving Profits - December 2011
Thursday, December 15, 2011
December 2011
Note to Self: Time to Talk to Your CPA about Year-End Tax Planning for the Dealership By Ed Blum, CPA(eblum@mbafcpa.com)
So there you are, sitting in your office in early December, still feeling a little stuffed from the Thanksgiving dinner, and you have this nagging feeling that there are a few things you need to do – things that you have not really focused on yet. Then it hits you heavy, like the dry mashed potatoes you had a few days ago: you have not addressed your year-end planning. Several weeks ago you had a long phone call with your CPA, and so you dig out your notes from that conversation. You started taking notes during your conversations with him a few years back. After all, he throws out so much information that if you did not keep a record, you would not remember half of it. You then take out your note pad (or your IPad2) and go to work on the following:
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In This Issue
Note to Self: Time to Talk to Your CPA about Year-End Tax Planning for the Dealership
To Have a Positive Brand Identity on the Outside, Dealerships Must First Build Brand Integrity on the Inside
The Post-Tsunami Decline in Sales of Japanese-Make Vehicles Provides Some Lessons for All U.S. Dealerships
The purpose of this newsletter is to provide general information on tax, audit and other issues related to the automobile dealership industry. The information contained herein may not apply to all businesses or organizations and their specific circumstances. Dealerships are encouraged to consult directly with an accounting expert before making tax and accounting decisions.
