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Hi , Here is your Auto Focus Issue July 1, 2026.
 
 

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Develop a System of Oversight With Cruise Control

Analyzing your auto dealership's financial statements is complex, which is why you rely on professional advisers to interpret them. But behind those statements is a system of smaller controls and processes that are critical to keeping your dealership financially healthy. Here is a checklist of internal controls that can help protect your business from employee theft.

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How AI Is Transforming Automotive Retail Business Activities

How AI Is Transforming Automotive Retail Business Activities

Artificial Intelligence (AI) is rapidly reshaping the automotive retail sector, fundamentally changing how dealerships operate, engage with customers, and drive revenue. What was once a largely manual, relationship-driven business is now evolving into a data-driven, highly automated ecosystem. Today, AI is embedded across sales, marketing, inventory management, customer service, and aftersales operations—creating a more efficient and personalized retail experience.

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Protect Your Company's Plan From an IRS Attack

If your business sponsors a retirement plan, you must invest prudently and stay in compliance with numerous complex federal requirements. If you don't follow the rules, the IRS could disqualify your plan. Here are some steps to help keep you from falling into a costly noncompliance trap.

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Are All of Your Business Insurance Bases Covered?

Managing risk is a business reality. If any company could operate in a completely risk-free environment, it would probably be wildly successful. But, in the real word, every company needs various forms of insurance to guard against physical damage and legal claims. This article reviews the major categories of coverage that every business owner should consider.

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New Report Sheds Light on Recent Fraud Trends

In May, the Association of Certified Fraud Examiners published Occupational Fraud 2026: A Report to the Nations. This biennial study helps business owners understand how fraud occurs, who commits it and which antifraud measures are most effective at reducing losses. Here's what you need to know to protect your assets and your business reputation.

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Mediation Can Resolve Conflicts and Even Save Relationships

When an employment conflict becomes heated or particularly contentious, an expensive lawsuit might be just steps away. The good news is there's a better way: mediation. It avoids court and often saves both parties time and money. This article explores specific benefits of mediation and advises employers to be prepared for it.

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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.