Navigating the tax terrain: Pro tips for car dealerships this season and beyond

Tax season poses unique challenges to the auto industry with state-to-state variations and ever-changing tax laws, but it doesn’t have to be a white-knuckled drive. Thankfully, there are tips that can guide you and help simplify the process.

Key tips include:

• Leveraging CPA guidance in the dealership context
• Managing inventory and depreciation
• Tax planning and staff training
• Capitalizing on tax incentives
• Learning from this year’s taxes
• And more!

For more detail on how to cross the finish line this tax season, read the full article by Baker Tilly dealerships practice lead Michael Mader on SuperDispatch to see more tips for this tax season and beyond.