The Tax Cuts and Jobs Act (TCJA) made radical changes to the Internal Revenue Code creating additional uncertainty and complexity for every industry. For the dealership industry, it’s important to understand these changes and how they will impact your business in order to be proactive in planning for your dealership’s tax strategy.
In this webinar, Baker Tilly’s dealership tax group provides an overview on the TCJA, and discusses implications for dealerships, related entities and individuals. In addition, this recording will provide potential planning opportunities you can take advantage of to assist in getting the best tax strategy for your dealership.
- How the tax law changes will affect dealership and related entities
- Tax law changes that will affect your individual income tax situation
- Tax planning opportunities and action steps for you and your dealership
For more information on this topic, or to learn how Baker Tilly dealership specialists can help, contact our team.
The information provided here is of a general nature and is not intended to address the specific circumstances of any individual or entity. In specific circumstances, the services of a professional should be sought. Tax information, if any, contained in this communication was not intended or written to be used by any person for the purpose of avoiding penalties, nor should such information be construed as an opinion upon which any person may rely. The intended recipients of this communication and any attachments are not subject to any limitation on the disclosure of the tax treatment or tax structure of any transaction or matter that is the subject of this communication and any attachments.