NEWSFLASHES
The Homestead Credit
CLICK HERE
 
Richard Morris Joins Board of Sibley Hospital
 
CLICK HERE FOR
Home
Automotive Industry
Construction/Real Estate Industry
Not-for-Profit Industry
Privately Held Business
Individuals
Client Privacy Policy

 

 

services2.jpg
"When it came time to sell my business, I turned to CBM. As my accountants for 20 years, they knew my business inside and out. That, combined with their intimate knowledge of the dealership industry, CBM not only found a buyer for me but they also structured the deal in a very tax advantageous manner."
Kevin McLaughlin, Former President
Hill & Sanders Ford, Inc.
 
Home arrow OUR SERVICES arrow Automotive Industry

Automotive Industry

Success in the automotive and truck industry is anything but automatic. CBM is a multi-disciplined accounting firm that understands the automotive industry from bumper to bumper. In addition to tax return preparation and planning, we provide audit, compilation and review services of your financial statements and most importantly operational consulting.

The automotive industry specialists at CBM are experienced and trained to provide you with excellent accounting and tax support and exceptional service in the following areas customized for your industry:

• Business Valuations
• Financing Arrangements
• Budgeting and Cash Flow Management
• Computer Hardware/Software Selection
• Buy/Sell Agreements
• Mergers and Acquisitions
• Business Plans and Operations Reviews
• Succession Planning
• Operating Statement Analysis
• Department Expense Control
• Last-In, First-Out (LIFO) Inventory
• Leasing Operations Analysis
• Equipment Management and Control
• Internal Control Evaluations
• Forensic Examinations

Our teams of professionals spend countless hours in training and seminars following the tax law and analyzing its impact on your specific industry. This knowledge minimizes problems and helps you to take advantage of tax-saving opportunities both short term and long term. We are also here and ready to represent you before all levels of the Internal Revenue Service and state taxing authorities.

Read about current accounting, tax, and business issues facing the automotive industry in our
Profit Drivers Newsletter. And please contact James A. Tortorella, CPA, Senior Vice President and Director of the Automotive Services Group at CBM for more information about our services.

Helpful Links:
Washington Area New Automobile Dealers Association (WANADA) www.wanada.org
Maryland Automobile Dealers Association (MADA) www.mdauto.org
Virginia Automobile Dealers Association (VADA) www.vada.com
National Alliance of Auto Dealer Advisors (NAADA) www.autodealeradvisors.com
CPA Auto Dealer Consultants Association (CADCA) www.autodealercpas.net




 

© 2008 Councilor, Buchanan & Mitchell, P.C.
7910 Woodmont Ave., Suite 500, Bethesda, MD 20814