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Multimedia | Up to Speed

Year-end tax update for dealerships

In this episode of Up to Speed, Kevin McCarty , Senior Tax Manager with Baker Tilly’s dealerships team, offers guidance on year-end tax planning and strategies for dealerships.

  • How to prepare your dealership’s books
  • Ways to lower your taxable income
  • What deductibles your dealership may qualify for
  • Status of last in, first out (LIFO)
  • Exploration of 163(j) interest limitations
  • Other tax changes that could impact your dealerships
A. Michael Mader

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NFP Employee Retention Credit audits