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News. Research. Tips and Tricks. All in One Place.
Welcome to the blog! This is your one-stop-shop for everything happening in the dealership reinsurance world. Knowledge is power and we provide you with the information to better serve your customers and grow your business. From news and information to recommendations, Buckeye Dealership Consulting is here to help you flourish as a dealership.
What dealer compliance will look like in a Biden administration
This article was written by Randy Henrick and originally featured here. Joe Biden’s victory likely will usher in a new era of consumer protection and compliance challenges for auto dealers. Four out of the five Federal Trade Commission (FTC) Commissioners will have...
Buckeye Dealership Consulting Adds Industry Veteran to Senior Position
Buckeye Dealership Consulting “Buckeye”, a leading provider of re-insurable products for automobile dealers, today announced that Shaun Petersen has been named Executive Vice President of the company effective November 9, 2020. He will also serve as Chief Legal...
Lessons from Lobel Financial
Today we are sharing a blog authored by Chris Kirwan at Berkshire Risk Services. Chris gives his synopsis of the CFPB's investigation into abusive use of Collision Damage Waivers. More reading can be found here...
Buckeye teams up with local auto dealer Chris Haus to disinfect school busses
Buckeye Dealership Consulting Expands Reinsurance Lineup with Acquisition of Specialty Administration Services
The team at Buckeye Dealership Consulting in Ohio is proud to expand its footprint with the acquisition of Specialty Administration Services! Specialty Administration Services, or “SAS Pros”, is a leading provider of innovative extended service plans and warranty...
Notice Of Reporting Requirement Form Be-10 Issued By The Bureau Of Economic Development
What is the BE-10 Filing? The BE-10 survey is one of many mandatory surveys to collect information on US investment abroad and foreign investment in the US. The BE-10, which has a series of component parts, is the BEA’s benchmark survey of US direct investment abroad...
How To Have Us Handle Your 8886’s
It has come to our attention that many CPAs are understandably not prepared and, consequently, uncomfortable completing the mandatory IRS Form 8886 on behalf of producers and/or reinsurance company shareholders. The mandate by the IRS, in notice 2016-66, was extremely...
8886 Who Needs To File?
Due to the new filing requirements imposed by IRS Notice 2016-66, we need to know the CPA contact information for each shareholder that is associated with your reinsurance company(s). Please reach out to these individuals and have them send us this information so that...
IRS Notice 2016-66
As many of you may know, the IRS has issued a notice in November labeled Notice 2016-66. This Notice requires all individuals with a company that uses the tax section 831(b) (micro captives) to report that they have these companies to the IRS. We here at BDC are...
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