Steve Hewitt, CPA
Dealerships Practice Leader
Steve Hewitt is the partner in charge of Wipfli’s dealerships practice. Having worked exclusively with auto dealerships since 1988, he applies his vast experience in all facets of the industry to help dealerships achieve their specific goals.
Steve is an accomplished speaker, regularly called on to provide presentations on industry updates for automotive commercial lending units, the Minnesota Automobile Dealers Association (MADA), Wipfli client groups, and various civic and charitable organizations.
Certifications
- Certified Public Accountant
Professional Memberships and Activities
- American Institute of Certified Public Accountants (AICPA) - Member
- Minnesota Society of Certified Public Accountants (MNCPA) - Member
- Twin Cities Automobile Business Managers Association - Member
- MADA - Member
- National Alliance of Auto Dealer Advisors (NAADA) - President
- University of Minnesota Alumni Association - Member
- Westonka Community Alliance For Education - Treasurer
- Allinial Global, Dealerships Practice - Practice leader
- Wipfli LLP - Former board member
Areas of Focus
- Dealership operations consulting
- Dealership acquisitions and sales
- Financing and cash flow
- Succession planning for closely held companies
- Personal financial planning
- Strategic planning
- Choice of entity and other formation issues
- Business acquisitions, mergers, sales, and liquidations
- Design and implementation of supplemental income plans for key executives
Industries
DealershipsEducation
University of Minnesota, Carlson School of Management
- Bachelor of science degree in accounting
Recent Insights
Articles
Six strategic priorities to help retailers and CPG companies prepare for the New Year
Dec 01, 2022
Our 2022 outlook for the retail industry
Dec 15, 2021
Payroll protection: Auto dealers and the Paycheck Protection Program
Apr 28, 2020
How do I optimally allocate PPP loan funds for my dealership?
Apr 28, 2020
7 considerations for dealerships in partial or full shutdown
Apr 01, 2020
Four Challenges Dealerships Can Turn into Opportunities
Mar 13, 2019
Six Trends in Dealership Valuation
Jan 06, 2019
Challenges and Opportunities Dealerships Can Expect in 2018
Apr 23, 2018
Top Five Ways the New Tax Law Affects Dealerships
Jan 24, 2018
New Revenue Recognition Standard’s Impact on Dealerships
Nov 17, 2017
Blogs
Onward and upward
Apr 19, 2021
A conversation with Abby Liebergen
Feb 23, 2021
What dealers should watch for in 2021
Jan 26, 2021
How dealers are faring in the wake of COVID-19
Oct 13, 2020
Dealer Conversations: Let’s talk about what’s important to you
Aug 10, 2020
Webinars
What dealership owners need to know about successful business transition
Oct 08, 2019
Managing Cybersecurity Risk for Dealerships
Jun 13, 2018
In The News
External News
How retailers and CPG companies can prepare for 2023
Total Retail | Dec 20, 2022