Webinar “Driving the Future: Insights into the Current Automotive Environment” is now available

In case you missed it… Our webinar with Haig Partners, “Driving the Future: Insights into the Current Automotive Environment” is now available for viewing. Watch the recording below. A special thanks to Kevin Nill from Haig Partners for leading this very informative presentation and discussion on the Automotive Industry, alongside our industry experts Ken Rosenfield and Paul Dumm, and covering […]

Headlights: NADA 2023

A publication of the Auto CPA Group www.autocpa.com | 1-800-4autocpa Refresher on Fixed Operations Success Scott Lewis, CPA, MSA Rosenfield & Company, PLLC Over the last couple of years, dealerships have generally experienced record sales and volume growth. Today, there are more vehicle units on the roads than anytime in recent history. Unfortunately, with higher-than-ever inflation, […]

Is New Vehicle LIFO Relief Finally Here?

By Scott Lewis, CPA, MSA In 2020 and 2021, due to foreign supply chain disruptions, the production and delivery of new vehicles to auto dealerships slowed down considerably. The number of new vehicles in inventory at year-end, particularly at the end of 2021, were severely reduced from normal levels. Most dealerships that were using the […]