Auto Dealerships Articles
Posted by Kevin Smeader on October 08, 2019
Recordkeeping for reimbursing business travel expenses can be cumbersome. Instead of reimbursing employees for the actual costs they incur for out-of-town lodging, meals, and incidentals, some employers opt to pay fixed travel per diems.
Posted by Mark Stack on October 04, 2019
Unfortunately, the Tax Cuts and Jobs Act eliminated tax deductions for certain employee transportation fringe benefits, but other fringe benefits are still deductible by employers and tax-free to employees.
Posted by Brian Kern on September 27, 2019
First-year bonus depreciation has been around for a while now. However, the Tax Cuts and Jobs Act (TCJA) set forth more-generous, but temporary, rules for 2018 through 2026.
Posted by Jill Johnson on September 19, 2019
Cybersecurity risks do not just affect corporations and government entities but can be a common and very present danger to family offices and small businesses alike.
Posted by Thomas Burns on August 27, 2019
Plan sponsors are ultimately responsible for plan administration and operation and should know what to expect if they are selected for a Department of Labor audit.
Final Regulations Remove Two-Year Deferral of Advance Payments for Inventoriable Goods Under Section 1.451-5
Posted by Brian Kern on August 22, 2019
On July 11, 2019, the IRS and Treasury released final regulations removing Section 1.451-5 of the Income Tax Regulations as a result of the changes made to Section 451 under the 2017 tax reform known as the Tax Cuts and Jobs Act (TCJA).
Posted by Jonathan Roller on July 01, 2019
With the right technology tools, manufacturers can collect volumes of data, ranging from real-time information gleaned from machines and RFID readers on the plant floor to regular input from customer service and sales staff. But data also must be analyzed so it can be used to improve business processes, refine operational efficiency and transform existing business models.
Posted by James Dunn Jr. on June 27, 2019
Everything from changes to foreign trade policies and new tariffs to military actions threaten to disrupt smooth operations in the manufacturing sector. Already, your company may be coping with the rising costs of raw materials and subsequent pushback from customers. This article suggests seven ways to weather the current climate.
Posted by Douglas Muth on June 27, 2019
It’s crunch time for private companies to implement the new revenue recognition standard. Here’s what you need to know, plus some valuable insight from public companies that went through the implementation process last year.