Those that have worked as business managers in franchise new vehicle dealerships as well as non-dealership businesses will confirm… dealership accounting is unique. So are the taxes. A dealer for an auto group with dealers in the U.S. and another country once told me, “we’re using a Big 4 firm for our U.S. dealership financial statement audits because of our foreign points, but they don’t know automotive accounting”. That’s a shame. Over the years, Roger Rossmeisl, combined with the Kho & Patel Automotive Services Group, have represented over one hundred dealerships ranging in size from single point stores to those part of multi-dealership groups. Combining these years of experience, a wide range of services are available to you.
Accounting/Attest Services
- Attest Services (Financial Statement Audits, Reviews, and Agreed-upon Procedures)
- DOL-required Employee Benefit Plan Audits
- Financial Statement Services (Compilation, Preparation)
- Bookkeeping/Write-up
Tax Services
- Income Tax and Other Tax Compliance Return Preparation/Amendment
- Estate, Trust & Gift Tax Return Preparation
- LIFO Inventory Valuation Method Annual Index/Layering Maintenance
- Representation before IRS and other Governmental Taxing Agencies
- Tax Planning (Transactional, Near/Long-Term, and Otherwise)
- Governmental Tax Incentives (Applicability/Application)
Consulting/Other Services
- Business Entity Selection/Planning/Structuring
- Business Succession Planning
- Capital Restructuring
- Cash Flow & Budget Analysis
- Due Diligence and Acquisition Reviews
- Financial Forecasting & Projections
- Forensic Accounting
- Fraud Prevention & Detection
- Internal Control Analysis
- Litigation Support
- Merger & Acquisition
- Operational Review
- Real Estate Buy/Sell Consulting
Services Offered in Conjunction with Strategic Partners
- Business Valuations
- Cost Segregation Studies
- EPAct (Energy Efficient Building Deduction) Studies
- Estate Planning
The client services listed above are not intended to be all-inclusive.
Auto shop photos provided courtesy of Hot Rods & Hobbies and Artistic Silver Plating, Signal Hill, California.
