How Automotive Dealers Can Plan for Historic Inventory Decreases

LinkedIn Share Button Twitter Share Button Other Share Button Other Share Button

Presented on January 17, 2022

Historically low new vehicle inventory levels and pending tax legislation have created opportunities and challenges for automotive dealers.

Watch our video to learn strategies available to automotive dealers to plan for and potentially mitigate the recapture of last in, first out (LIFO) reserves.

Related Topics

Contact Us with Questions

Baker Tilly US, LLP, Baker Tilly Advisory Group, LP and Moss Adams LLP and their affiliated entities operate under an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations and professional standards. Baker Tilly Advisory Group, LP and its subsidiaries, and Baker Tilly US, LLP and its affiliated entities, trading as Baker Tilly, are members of the global network of Baker Tilly International Ltd., the members of which are separate and independent legal entities. Baker Tilly US, LLP and Moss Adams LLP are licensed CPA firms that provide assurance services to their clients. Baker Tilly Advisory Group, LP and its subsidiary entities provide tax and consulting services to their clients and are not licensed CPA firms. ISO certification services offered through Moss Adams Certifications LLC. Investment advisory offered through either Moss Adams Wealth Advisors LLC or Baker Tilly Wealth Management, LLC.