Floorplan Interest and Depreciation: A Year-End Review for Dealership Owners
Year-end planning gives dealership owners an important opportunity to look beyond sales results and focus on two areas that can have a meaningful impact on financial performance: floorplan interest and depreciation. Both can affect cash flow, taxable income, and how leadership evaluates the cost of carrying inventory and investing in the business. This re
Understanding When Tips Are Subject to Sales Tax in Minnesota & South Dakota
Businesses often assume that if a tip isn’t subject to federal income tax withholding rules, it must also be exempt from sales tax. But sales tax is a state question, and states determine for themselves whether a gratuity is taxable. Minnesota and South Dakota provide straightforward but different guidance on when a tip becomes a taxable charge. You’r
Is Your Construction Business Transferable?
For many contractors and developers, the business represents years of hard work, client relationships, community reputation, and calculated risk. Yet a successful business is not always a transferable one. A company may have steady revenue, a strong backlog, and long-standing customer relationships, but still face challenges if ownership or leade
Are Separately Stated Delivery Charges Taxable?
Many businesses add delivery, shipping, or freight charges to customer invoices. The question is whether these charges are taxable. States fall into two main groups. Some do not tax separately stated delivery charges. Others tax the charge whenever the underlying item is taxable. Because invoices often itemize delivery charges separately, it is important to kno
Brady Martz Named Among IPA’s 2026 Top 100 Firms
Independently owned accounting and advisory services firm Brady Martz is proud to announce that it has been named among Inside Public Accounting’s (IPA) Top 100 Firms in 2026. Each year, IPA releases a ranking of the 500 largest public accounting firms in the U.S. based on each participating firm’s net revenues. The rankings are then […]
How Often Should Dealers Really Review Their Financial Statements?
For many dealerships, financial statements are reviewed once a month, often after the accounting close. That monthly review is important, but it should not be the only time leadership looks at performance. In a dealership environment where inventory, floor-plan interest, incentives, gross profit, and cash flow can shift quickly, waiting until month-end may
Help Your Team Stay Current with the 2026 Virtual Compliance Conference
Change is constant when it comes to compliance. New guidance, evolving exam expectations, and shifting operational risks can force everyone on your team, from frontline personnel to the Board, to be on their toes. This is why preparation matters. A strong compliance program is built through ongoi
Buy-Sell Agreements: When Was the Last Time Your Valuation Formula Was Reviewed?
For closely held and family-owned businesses, a buy-sell agreement can provide important structure during ownership changes. It helps define what happens when an owner retires, passes away, becomes disabled, leaves the business, or wants to sell an interest. However, even a well-written agreement can create challenges if the valuation terms are outdated, unclea
Protecting Construction Margins When the Math Keeps Changing
Construction businesses are entering another planning cycle where the numbers can change quickly. A bid that looked profitable at the start of a project may feel much tighter once tariffs shift, materials prices move, procurement timelines stretch, or policy changes affect project assumptions. For contractors, developers, and construction financ
What High-Performing Dealerships Do Differently With Their Financials
Dealership performance is often measured by sales volume, gross profit, and customer satisfaction. Those numbers matter, but they do not tell the full story. The strongest dealerships tend to separate themselves through the financial habits behind the results. They have a clear view of cash, timely reporting, disciplined expense management, and a lead