Small Business Tax Accounting for Independent Auto Dealers

Auto Dealerships

WhippleWood CPAs has provided small business tax accounting services to auto dealerships for more than 10 years. We have the consulting experience necessary to help these businesses and their owners with their accounting, tax and financial management needs. Our firm offers monthly accounting services, assistance with the preparation of financial statements, tax planning and tax consulting in Denver. We are especially familiar with the requirements of the automobile industry, which include:

  • Systems development, including internal control procedures, accounting and budgetary systems

  • Tax compliance and planning

  • Financial audits and reviews

  • Succession planning for family businesses

  • Financial and estate planning

  • Payroll services

  • Cash flow and budgeting analysis

  • Receivables management

  • Productivity improvement

  • “Buy Here/Pay Here” tax savings and financial strategies

WhippleWood CPAs offers the following services to help your business grow:

  • Business and individual tax planning and consulting
  • Business organization — “C” Corporation, “S” Corporation, LLC, Sole Proprietorship, etc.
  • Banking relationship management
  • Buy Here/Pay Here
  • Accounts receivable analysis and discounting strategies
  • Inventory analysis
  • Estate planning and exit strategies
  • Retirement planning
  • Enterprise zone credits (potential BIG tax dollar savings)
  • Sales tax consulting and preparation
  • Small business tax accounting
  • Related finance companies (We understand the dynamics of these companies and how they work)
  • Floor plans
“We were freaking out when we found out our long-time accountant was retiring. Who would ever be able to understand our complicated business? After interviewing many CPA firms, we decided on WhippleWood CPAs. We were surprised at how quickly they were able to understand our books and our different, intertwined companies. They have been excellent—always professional and accurate—and they are a pleasure to work with.”

— Massa Auto Pawn