Richards, Witt & Charles, LLP was formed in 1979 and maintains a diversified practice in public accounting, specializing in providing accounting and management advisory services to retail  automobile dealerships.

Our firm is committed to the needs of our corporate and individual clients in accounting, tax preparation and planning, systems and overall financial services. The objective of our consulting efforts is the delivery of outstanding services in response to the unique needs of our clients. Each engagement is structured to address the specific objectives and goals established by our clients. 


We offer a full range of services to our automotive clients, including:


Preparation of income and expense trend analysis, highlighting comparisons with industry benchmarks. Our review of your factory statements is designed to assure compliance with factory guidelines and lending institution requirements.

Performance of periodic internal control reviews of your new, used, parts and service operations. We will advise you of any problem areas and recommend changes where appropriate.

We will keep you advised on the latest tax legislation affecting your business. Our constant review and research of industry and governmental publications enables us to ensure your compliance with current IRS and State rules and regulations.

Preparation of LIFO inventory calculation using IRS approved software. We will provide you with all required LIFO reports at a substantial cost savings over the use of independent LIFO companies.

AND MUCH MORE!

Most of our clients are based in the New York Tri-State area, New England and Florida. The objective of our consulting efforts is the delivery of outstanding services to our clients in response to their unique needs. Each engagement is structured to address the specific objectives and goals that our clients request from our senior members of the firm.



Richards, Witt & Charles is a certified Reynolds & Reynolds® CPA firm. This means that our firm can bring new tools to the table, from handling ERA2 data extractions to customized reports that lead to more informed business decisions. We can provide cost efficient services through dial-in connections to your system from our office. A streamlined CPA engagement reduces overall dealership costs and expenditures. We can assist you in hardware and software selection, systems installation and implementation and staff training on dealership software packages.

In addition to our strong representation in the automotive industry, our broad range of clients include the following: