Get to Know Me

Louis Young is a Principal and Dealership Services Team Leader at Withum. He has over 25 years of experience in dealership accounting and consulting. He coordinates specialized services for clients, including but not limited to line-item benchmarking, internal controls, financial statement analysis, fixed operations financial analysis, information safeguarding, operational reviews and warranty analysis. He assists clients with state regulatory oversight issues, including general compliance, consumer affairs and sales tax issues.

Louis has performed corporate financial planning, automotive factory financial statement analysis and departmental internal control analysis. He is actively involved with mergers, consolidations and cash flow planning, and performs business valuations for mergers, acquisitions, gift tax and estate planning. He specializes in retail automotive consulting, valuations for small to midsize businesses, SBA consulting, ERTC consulting, business brokering and business development.

Louis is an active member of the National Association of Certified Valuation Analysts (NACVA) and the BIA State Business Tax Committee. He has conducted dozens of workshops and seminars on various dealership management issues for state dealer associations, dealer 20 groups and private organizations.

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Latest Thinking

IRS To Launch Online Registration Portal For EV Dealers
IRS to Launch Online Registration Portal for EV Dealers

The Internal Revenue Service (“IRS”) released Rev. Proc. 2023-33 on October 6, 2023, with additional information on how individuals buying used or new electric vehicles (EVs) can transfer a federal […]

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supply chain - ship, plane, trucks
ERC Eligibility Update: IRS Severely Limits Supply Chain Disruptions

The IRS released a generic legal advice memorandum, or GLAM, addressing the employee retention credit (ERC) and supply chain disruptions on July 20, 2023. The GLAM discusses five scenarios where […]

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IRS Announces Crucial Updates on the ERC

As of March 20, 2023, the IRS has published five documents expressing that the employee retention credit (ERC) is rife with fraud because of unscrupulous tax credit shops. See October […]

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