Michael E. Furchtenicht - Biography

mfurchtenicht@mrdcpa.com
Mike is an Audit Manager with McPhillips, Roberts & Deans, PLC and directs the firm’s Automobile and Truck Dealership Industry Practice. Mike is a licensed CPA in the State of Virginia.
Professional Experience:
Mike is an Audit Manager with McPhillips, Roberts & Deans, PLC and directs the firm’s Automobile and Truck Dealership Industry Practice. Mike is a licensed CPA in the State of Virginia.
Professional Experience:
- Provides financial and business consulting services, including:
- Personal & Corporate Income Tax Planning
- Auto Dealer Business Consulting Services
- Estate Planning
- Business Succession Planning
- Buy/Sell Consulting
- Dealer/Franchise Conflict Resolution
- Client base consists of closely-held businesses in various industries with a concentration in automobile, motorcycle, heavy truck franchise dealerships, independent Buy Here Pay Here (BHPH) dealerships and construction companies.
- Actively involved in the national dealership service organization, Driving Force Auto Dealership Consulting Group, LLC.
- Manages the delivery of professional services to firm’s automotive clients. In this capacity he advises owners and senior management on many important issues including profitability, tax planning and franchise transactions.
- Member of Driving Force Auto Dealer Consulting Group, LLC’s tax committee.
- Consults with auto dealers on LIFO calculations, internal control analysis and documentation, mergers and acquisitions and profit enhancement.
- B.S. in Business Administration from Old Dominion University
- Member - American Institute of Certified Public Accountants
- Member - Virginia Society of Certified Public Accountants
- Member - Tidewater Chapter of the Virginia Society of Certified Public Accountants
- Member - Driving Force Auto Dealer Consulting Group, LLC. – a national network of CPA/Consultants servicing Auto Dealers.
- Affiliate Member - Virginia Auto Dealers Association.
- Affiliate Member - Hampton Roads Auto Dealers Association.
- Affiliate Member - National Independent Auto Dealers Association.
- Affiliate Member - Virginia Independent Auto Dealers Association.