AUTOMOBILE DEALERSHIPS Are You Tracking Your Fixed Assets? Raymond E. Lofstrom Principal, CPA 9 October 2017 Are you monitoring what you spend on capital improvements at your dealership? How often do you look at the bottom left-hand side of your balance sheet? Beyond...
The Department of Labor (DOL) Employee Benefits Security Administration (EBSA) has committed significant time and resources to safeguarding employee contributions by investigating situations in which plan sponsors improperly delay forwarding employee contributions to...
AUTOMOBILE DEALERSHIPS How To Create Effective Pay Plans Kevin J. Carnes Principal, CPA, CVA 22 September 2017 It is an issue that has plagued dealerships for years. The heartache and time spent developing, tweaking, and presenting pay plans have not only shortened...
IT AUDIT & SECURITY Don’t Be Held To Ransom Nick DeLena Manager, CISA, CRISC, MBA 22 June 2017 Many of you might remember the Lesley Gore song “It’s My Party” from 1963, with the famous lyrics: “It’s my party and I’ll cry if I want to.” The song recounts the...
TAX Partnerships: What Are The Chances of Being Audited By the IRS? Tori Ng Manager, CPA, MBA 24 June 2017 Generally, partnerships, S corporations, and other pass-through entities are at minimal risk for an audit since these entities do not have a tax liability....
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