Pub. 7 2017 Issue 1

Accounting Woodward & Associates, Inc.............................................. Page 2 CliftonLarsonAllen............................................................ Page 22 WIPFLi................................................................................ Page 7 Attorney Julie A. Cardosi, P.C........................................................... Page 3 Banking/Finance Suntrust........................................................................................4 Consulting and Dealership Compliance Automotive Development Group...................................... Page 23 Scorpion........................................................................... Page 19 Dealer Management Systems CDK Global...................................................................................7 Interstate Title Solutions...............................................................5 Reynolds & Reynolds.................................................................19 Income Development Resource Management Group (Portfolio)..................Pages 12-13 Insurance Federated Insurance Companies..................................... Page 17 Zurich American Insurance Co.. ...................................... Page 21 A Publication of the Illinois Automobile Dealers Association Vol. 25 No. 1 INSIDE: President’sMessage:Thanks forYour 2016Participation,LegislativeEfforts WillbeFocus for2017 Counselor’sCorner:BuyingOrSelling aDealership?Don’tPrepareToFailBy FailingToProperlyPrepare IADAConvenes ItsFallBoardof DirectorsMeeting InChicago, Nov17-18,2016 TheNewLeaseAccountingStandards 22 AUTOMOBILE DEALER NEWS ILLINOIS www.illinoisdealers.com CLAconnect.com/dealerships Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment advisor. WEALTH ADVISORY | OUTSOURCING AUDIT, TAX, AND CONSULTING 26-0500 | ©2016 CliftonLarsonAllen LLP ROCK SOLID FINANCIALS Generate confidence in your financials with the help of experienced numbers people.