By Herschel Gornbein, M&T Bank The auto industry set a sales record last year. Lower gas prices and interest rates, in addition to employment gains, all contributed to this success. The... Read more
Reading the headlines for September auto sales, it is a bit difficult to figure out whether these are the best of days or the worst of days (with a nod to Dickens). Examples: U.S. Auto Sales... Read more
By Steven A. Schumacher, CPA, ASA, Stuart T. McCallum, and Joseph A. Magyar, CPA Owners of dealerships organized as C corporations typically encounter some discouraging tax implications when... Read more
