VVH CPAs & Associates is a full service public accounting firm dedicated to the retail automotive industry. VVH was formed by both dealership and accounting professionals to provide automotive dealers with an innovative approach to their assurance and tax needs.

AUTOMOTIVE NEWS

New York's attorney general has reached legal settlements with 104 dealerships it identified as having sold vehicles without disclosing open safety recalls.
A Michigan state government fund approved an additional $15 million for the construction of the American Center for Mobility at Willow Run in Ypsilanti Township, Mich.
The average cost of a vehicle repair in the U.S., including parts and labor, rose 2.7 percent in 2016 from 2015, after holding flat for the previous two years.
Jaguar said the XF Sportbrake, a four-door wagon with a large, sloping glass roof, will join its U.S. lineup this year. It will be the first Jaguar wagon to be offered in the U.S. since the short-lived X-Type.
MG, the former British automaker once known in the U.S. for its affordable sports cars, is not only alive and well, it's reportedly about to introduce something far more advanced than the last car it's remembered for in the States.

THE WEEKLY SPIFF!

FASB STANDARDS

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AICPA TAX

The committee action, which also made changes to a tax credit enacted in the health care reform law,  follows advocacy by AICPA and others to reduce a significant burden on taxpayers. 
Prominent CPAs provide success stories from their careers as tax accountants. They discuss how they became successful, challenges they have faced, and opportunities in the profession.
Identity theft is a growing area of concern for taxpayers and practitioners.  The AICPA has created this page to provide members with information about preventing identity theft, including tips to provide clients, and steps to take if it occurs.
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