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Friedman Expert Leadership


 

Challenges in the automotive industry require financial insight
to drive long-term growth

With over 25 years of experience working with major dealership groups, our professionals are ready to consult on a full range of industry-specific issues. Beyond accounting, auditing and tax, we offer comprehensive services customized to the needs of automobile dealerships. To stay profitable and viable, auto dealers must achieve desirable sales volumes and deliver high-level customer service. At the same time, dealers contend with ever-increasing competition and fluctuations in consumer demand, gas prices and interest rates. Friedman LLP can help. We act as business consultants, applying our industry savvy to assist in refining operations and expanding dealership opportunities.

 
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  • Cost segregation studies (engineering approach) 
  • Sales tax and demonstration vehicle tax issues
  • Trade discounts
  • Dealer discount/invoice ad assessment counseling 
  • LIFO accounting 
  • Additional §263A cost capitalization consulting 
  • Fixed asset consulting 
  • Representation at tax examinations