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How the New Tax Bill Directly Impacts Automobile Dealerships

How the New Tax Bill Directly Impacts Automobile Dealerships

The latest tax legislation brings several significant changes that directly affect automobile dealerships. Understanding these provisions will help dealerships maximize benefits, improve customer conversations, and enhance overall profitability. Below is a breakdown of some of the most impactful changes and how your dealership can take advantage.

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Recovery Deadlines Approaching for Auto Dealerships

Recovery Deadlines Approaching for Auto Dealerships

In June 2024, a significant cyberattack disrupted operations at numerous auto dealerships. In the aftermath, dealerships—and many others across various industries—have been grappling with intricate insurance issues tied to cyber losses.

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Senate Update: Key Tax Changes and Next Steps for the “One Big Beautiful Bill”

Senate Update: Key Tax Changes and Next Steps for the “One Big Beautiful Bill”

On July 1, 2025, the Senate narrowly passed its version of the “One Big Beautiful Bill,” with Vice President JD Vance casting the tie-breaking vote after an extended session. The bill now returns to the House for further review and possible amendments.

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