Automobile Dealers Group

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Cottrill Arbutina serves automobile dealerships representing more 20 national and international franchise brands.  Its team of CPAs has more than 65 years of collective experience. Our specialists have helped closely held automobile dealerships to acqurie additional franchises, increase profitability, improve accountability, prevent internal fraud and transact business cost-effectively in times of both prosperity and uncertainty.

Our group has served clients in Pennsylvania, West Virginia and Ohio, as far east as Gettysburg, PA and as far west as Columbus, Ohio.  In one case we have grown with a client from one to 12 dealership stores, and in another from two to eight stores.  Our experts have been involved with more than 30 mergers, acquisitions and spinoffs.

Not only do we furnish federal and state tax, audit and review, agreed-upon procedures and consulting services, but we are deeply familiar with the unique tax and financial reporting issues that dealerships face in these uncertain economic times.

Clients rely on our team for more than just accounting and tax compliance. Often, we are sounding boards and consulted before clients make a major decision.  At other times, we help negotiate favorable terms as clients add stores or recruit talent, and know how and when to ask a difficult question in just the right way. We understand the unique issues and emotions behind running a closely held automotive enterprise and have a complete, total sensitivity to the family dynamics at work in the management of the business.

The professionals of Cottrill Arbutina routinely are involved with the following specialized issues:

• LIFO Conformity
• F & I Chargebacks
• Used Vehicle Valuations
• Factory Incentives
• Sales and Use Tax Compliance
• IRS Alternative LIFO for Auto Dealers
• IRS Demonstration Vehicle Rules and Methods
• UNICAP for Auto Dealers
• Mergers, Acquisitions and Spin-offs
• Inventory Issues
• Support for an IRS Audit
• Manufacturer’s Audits - Customer Rebates and Chargebacks
• Preparing for State Sales Tax Audits
• Audits, Reviews and Compiled Financial Statements
• Cost Segregation Studies
• Internal Control Studies and Fraud Prevention
• Profitability Improvement
• Operational Analysis
• Succession Planning
• Assistance with Buy Here, Pay Here Implementation
• Litigation Support

 Contact shareholders Joseph Bevevino or Lawrence Zahn for more details.