Certified Public Accountants
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Transportation & Dealerships Overview

Recognizing that the complexities and business issues in the automotive industry are unique, RubinBrown has established a separate group to specialize in this area.

RubinBrown's Transportation & Dealerships Services Group has developed a strong reputation throughout Missouri as the premier accounting firm for the automotive industry. The Transportation & Dealerships Services Group is staffed with professionals experienced in providing a comprehensive range of services and close personal attention to clients.

As professional advisors, we specialize in helping members of the transportation industry secure a sound financial future through effective income tax, retirement, personal financial, estate and fringe benefit planning.

To stay current on issues involving the automotive industry, members of the Transportation & Dealerships Services Group regularly attend these conferences and industry functions:

  • ADOMA (Auto Dealer Office Manager Association)
  • CADA (Colorado Auto Dealers Association)
  • IADA (Illinois Auto Dealers Association)
  • MADA (Missouri Auto Dealers Association)
  • MOTA (Missouri Trucking Association)
  • NADA (National Auto Dealers Association)
  • SLADA (St. Louis Auto Dealers Association)

2018 Dealership Stats

RubinBrown is pleased to present the 2018 Dealership Statistical Analysis, the inaugural survey compiled by the Transportation & Dealership Services Group.

The statistical information includes new vehicle sales throughout the United States by make as well as detailed breakdown of sales by the most popular manufacturers. The information within the report was gathered from new vehicle sales as reported by Automotive News.


In addition to assurance and tax compliance services, specialized services offered by the Transportation & Dealerships Services Group include:

  • Multistate Tax Physical
  • LIFO inventory consulting and calculations
  • Evaluation and development of internal control systems
  • Cash transaction reporting consulting
  • Cost segregation studies for facilities
  • Tax planning and due diligence in connection with business acquisitions or sale
  • Compensation plan development for key employees
  • Benchmarking and analysis of operational profitability
  • Income tax planning, projections and compliance
  • Budgeting and forecasting
  • Assistance with banking and business financing
  • Business valuations
  • Succession, retirement and estate planning
  • Litigation support
  • Physical inventory inspection and observations
  • Assistance with buy-sell agreement development
  • IRS representation
  • Federal and state tax credits
  • State and local tax consulting
  • Information technology consulting
  • Employee benefit plan consulting



Focus on Transportation & Dealerships: Business Interest Limitations and the Transportation Industry

For companies with average revenues over $25 million in the three previous years, the Tax Cuts and Jobs Act (TCJA) had a major impact on the deductibility of business interest expense. Prior to 2018, businesses were allowed to deduct 100% of all interest expense that was incurred.


Focus on Transportation and Dealerships: Enforcement Up, North Carolina Enacts Stricter Insurance Law

North Carolina has passed a new law that will allow increased enforcement on out-of-state commercial vehicle operators who illegally register vehicles by listing their place of residence or business in the state to take advantage of cheaper insurance rates.


Focus on Transportation and Dealerships: Proposed IRS Guidance Changes Transportation Equipment Taxes

The IRS issued proposed guidance focusing on retailer’s excise tax imposed on highway-type equipment, which if passed, would change the way certain transportation equipment is taxed. The proposed regulations help align the current regulations to properly reflect the current law. Additionally the regulations provide support for any buyer of an incomplete chassis cab that also confirms to the seller that he will not change the incomplete chassis cab into a taxable tractor.

All Transportation & Dealerships News