Automotive

With more than 25 years of experience working with major dealership groups, Friedman LLP's 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 can help.

We act as business consultants, applying our industry savvy to assist in refining operations and expanding dealership opportunities.

Cost segregation studies


Sales tax and demonstration vehicle tax issues


Trade discounts


Dealer discount and other invoice assessments


LIFO accounting


Additional §263A cost capitalization consulting


Fixed asset consulting

Representation at tax examinations