Automotive and Manufacturing
5 Steps to Begin – or Enhance – Your Data Privacy Strategy

5 Steps to Begin – or Enhance – Your Data Privacy Strategy

Millions of people are unaware of how their personal data is being collected, used, or shared in an increasingly digital society. As a business, it’s more important than ever to have a data privacy strategy to protect customers and employees and remain compliant with applicable regulations.

Pooled Employer Plans: What’s New, What You Need to Know

Pooled Employer Plans: What’s New, What You Need to Know

Beginning January 1, 2021, pooled plan providers could start Pooled Employer Plans (PEPs), which Congress created to expand access to retirement benefits by allowing companies in unrelated industries to participate in a multiple employer plan (MEP). A little more than one year later, here’s what you need to know…

Is Your Business Leveraging These Tax Breaks?

Is Your Business Leveraging These Tax Breaks?

As we move beyond the 2021 tax filing season, small businesses and self-employed taxpayers should be certain to take advantage of all of the tax deductions and opportunities available to them. The following are 10 top tax breaks for small businesses and business owners to keep in mind when finalizing their tax returns for 2021 and planning for 2022.

3 Key Supply Chain Management Questions for 2022

3 Key Supply Chain Management Questions for 2022

Many supply chain industry pundits would have us believe the situation will worsen — that severe shortages and delays will continue through 2022 and potentially well beyond, and that businesses will be at the mercy of external factors outside of their control. Fortunately, however, manufacturers have options to minimize the impact to their supply chains with a little clarity, discipline, and direction.

The Rise of Electric Vehicles

The Rise of Electric Vehicles

An integral part of the industry, dealerships are also seeing significant changes, especially as it pertains to EV, which is the focus the rest of this article.

Navigating the IRS Backlog

Navigating the IRS Backlog

The start of a new tax filing season often brings with it longer hold times with the IRS, as taxpayers and their tax preparers inundate phone lines with questions and concerns. But the 2022 filing season promises to be particularly challenging…

3 Ways to Protect Your Business from Fraud and Scams

3 Ways to Protect Your Business from Fraud and Scams

Business owners spend a lot of time and effort ensuring their operations run smoothly, from delivering quality goods and services to providing accurate financial statements and tax returns. Yet one scammer going after your company can bring it all down, harming your reputation and your revenue…

IRS Offers New Details to Prepare Schedules K-2, K-3

IRS Offers New Details to Prepare Schedules K-2, K-3

The IRS has provided an additional exception for qualified domestic partnerships and S corporations to file their schedules K-2 and K-3 for tax year 2021 to further ease the transition to these new schedules. The new schedules standardize international tax information to partners and flow-through investors while clarifying obligations and standardizing the reporting format…

How to Prepare to Sell Your Auto Dealership

How to Prepare to Sell Your Auto Dealership

If you are an auto dealership owner contemplating selling one or more of your locations, there are several steps you must take before you even pick up the phone to call a broker. Being prepared ultimately will make the transaction smoother.