Auto Dealerships

Accounting for Auto Dealerships in Texas

Auto dealerships in Texas have worked with Weinstein Spira on structuring ownership of various independent franchises under a consolidated business entity, on tax minimization and tax planning, uniform capitalization and the LIFO method of accounting for inventory.

We understand the world of dealerships, just as we understand the value to you of planning ahead.

You can count on our team to conduct audits efficiently and provide you with a comprehensive management letter that addresses items such as accounting systems improvements, internal controls and other matters. We also advise you on succession planning and wealth transfer.

You will gain a deep consulting relationship with professionals who can address tax ramifications of various transactions that typically arise in the auto dealership business. We will also handle IRS examinations successfully and eliminate surprises. We will help you ensure a successful business legacy long after you retire.

If you want to know what’s trending in the auto dealership industry in Texas contact John Toth, Tax Shareholder, or Andy Dube, Audit Shareholder.

Industries We Serve

Weinstein Spira’s team devised a model that would help us minimize the effects of the franchise tax back when it was a significant issue for our company.

Mike Gross

CFO, Helfman Dodge

Latest Insights

Weinstein Spira Announces Multiple Manager Promotions

Weinstein Spira Announces Multiple Manager Promotions

Weinstein Spira, the mid-market public accounting and business advisory firm serving Houston’s top high net worth individuals and privately held businesses, is excited to announce the promotion of six leaders within the firm. Kelsey Burgess has been promoted to Audit...

401(k) Basics: What You Need To Know

401(k) Basics: What You Need To Know

For many Americans, saving money for retirement can be challenging. While some employees prefer to take home a few extra dollars rather than participate in their company’s 401(k) plan, many simply do not understand how these plans work or the many benefits that come...