Get to Know Me
Michael Mulhearn is a partner based in our firm’s Philadelphia, PA office, with over 15 years of experience in public accounting. His expertise includes accounting and tax services, with a focus on the automotive industry and privately held businesses. Michael’s services include preparation of compiled and reviewed financial statements, partnership and corporate taxation as well as tax planning for his clients.
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Survival of the Fittest?
Without question, the last few years have been amazing to see in the dealership business. Watching a global pandemic kick off what would become the most profitable period in the […]
The Comeback Player of the Year – LIFO
Much was made (and continues to be made) of the 2020 and 2021 Great LIFO Recapture. As dealerships struggled to fill customer orders and lots were empty, alarm bells were ringing […]
Since its introduction in 2002 as part of the Job Creation and Worker Assistance Act (JCWAA), bonus depreciation has been part of the economics of purchasing long-lived assets. The common […]