Business Valuation News

Sales Records Raise Dealership Values

What is Your Dealership Worth: A Guide to Dealership Valuation by Michael E. Stover, CPA/ABV After the industry’s near-death experience in 2008 and 2009, with the bankruptcy of Chrysler and General Motors and the precipitous drop in units sold from 17 million to near 10 million, dealership valuations dropped significantly. But valuations have rebounded sharply,…

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Ohio Appeals Court Determines that Taxes Are Not Certain

By Michael Stover, CPA/ABV Benjamin Franklin, in a letter to Jean-Baptiste Leroy in 1789, said, “In this world nothing can be said to be certain, except death and taxes.” But the Ohio Court of Appeals, in a recent domestic relations case, is of the opposite opinion, and it sought to clarify the matter. The husband…

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