Accounting Experts Share Tax Time Strategies
Tuesday, Mar. 17, 2015, 09:31 PM
Nick Zulovich, Editor
McGladrey tax director Scott Ruby understands many buy-here, pay-here dealerships are small family operations without a squadron of certified public accountants on staff that watches every move the IRS makes. However, Ruby suggested that BHPH operators spend a fair amount ... [Read More]
Car-Mart Continues To Finalize Major Operational Changes
Tuesday, Mar. 17, 2015, 09:27 PM
Nick Zulovich, Editor
America’s Car-Mart not only shared athe financial results from the third quarter of its 2015 fiscal year, but the buy-here, pay-here dealership chain also offered an update on two significant operational changes the company is in the process of finalizing. ... [Read More]
DriveTime Uses Leasing to Boost Customer Base
Tuesday, Mar. 17, 2015, 09:24 PM
Nick Zulovich, Editor
DriveTime Automotive Group is looking to fill basic transportation needs while capitalizing on the rising popularity of vehicle leasing. It can be a tricky proposition since the average person with a non-prime credit score won’t typically qualify for new-vehicle lease ... [Read More]
Hudson: The Tells Of Some Gambling Dealers
Tuesday, Mar. 17, 2015, 09:22 PM
Tom Hudson, Hudson Cook
Friends who play poker tell me that sometimes they find themselves up against a player who unknowingly betrays the cards he holds by some “tell” — the player’s posture, his facial expression, the way he holds his cards, or some ... [Read More]
Ask The Hall Of Famer: Tax Advice and Avoiding ‘Silly Loans’
Tuesday, Mar. 17, 2015, 09:17 PM
BHPH Report Staff
Being that it’s now March, how important is it for operators to find a tax advisor they trust? Julian says … You need a long term tax strategy, and you need to understand how it’s going to work when you ... [Read More]
Daughtry: Let’s Take A Few Moments To Review
Tuesday, Mar. 17, 2015, 09:15 PM
Gene Daughtry, PLS Financial
So how was February? I hope you had a busy tax season. I have heard varying reports from around the country, ranging from it was “OK” to “we couldn’t keep up.” There are so many factors that play a role, ... [Read More]
Atcheson: Tax Season Is Over. Now What?
Tuesday, Mar. 17, 2015, 09:11 PM
Kenny Atcheson, Dealer Profit Pros
Timing is important in marketing/ advertising, and no time is bigger than tax season. Tax season is easy to predict because it is the same for everybody. To discover other timing mechanisms, read on. • After a robbery or violence ... [Read More]
5 Tips to Improve BHPH Accounting Practices
Wednesday, Mar. 11, 2015, 08:24 PM
BHPH Report Staff
With now being the heart of tax season — for buy-here, pay-here dealers to move metal as well as complete business filings with the IRS — AutoStar Solutions offered five accounting practices operators should implement if they haven’t already. Senior ... [Read More]
6 New Sessions Added to Next NABD Conference
Thursday, Mar. 5, 2015, 06:59 PM
BHPH Report Staff
Coming off what organizers hailed as a successful best-practices event this past January in Dallas, the National Alliance of Buy-Here, Pay-Here Dealers now is gearing up for its annual signature gathering. The 17th annual BHPH Conference has new sessions and ... [Read More]
DealerSocket Acquires FEX DMS
Friday, Feb. 27, 2015, 04:17 PM
BHPH Report Staff
A service provider quite entrenched in the buy-here, pay-here industry has a new owner. On Thursday, DealerSocket announced the acquisition of FEX DMS, a dealer management system (DMS) for BHPH and other independent dealers. Established in 2001, FEX DMS is ... [Read More]