TOM O’CONNELL, CPA

Director of Dealership Services

ASSURANCE  |  BUSINESS ENTITY AND GOVERNANCE |  DEALERSHIPS |  FAMILY BUSINESS |  TAX COMPLIANCE

EXPERIENCE

Tom O’Connell, CPA, is Director of Dealership Services at Purk & Associates, where he helped found the nationwide Dealership division, which provides accounting and tax services for all dealership types including new car and truck franchises, used vehicles and recreational vehicles. For more than 30 years, automotive and franchised dealers have relied on Tom’s knowledge of their industry, coupled with his tax and financial expertise. Tom and his team are responsible for client development, development of tools to maximize tax planning, help clients maximize profits, buy and sell their dealerships and works with them on their succession plans. For more than 30 years, automotive and franchised dealers have relied on Tom’s knowledge of their industry, coupled with his tax and financial expertise.

  • Consults on numerous dealership buy / sell transactions by assisting with purchase price allocations and factory approvals
  • Presented at the National Automobile Dealers Associations (NADA) annual meeting
  • Joined Purk & Associates in 2011

SPECIALIZATION

  • DEALERSHIPS
  • BUY/SELLS
  • SUCCESSION PLANNING
  • FINANCING ASSISTANCE
  • ESTATE PLANNING

EDUCATION AND MEMBERSHIP

  • B.S., Accounting, University of Missouri – St. Louis, St. Louis Missouri
  • M.B.A., Saint Louis University, St. Louis Missouri
  • Certified Public Accountant, State of Missouri
  • Missouri Society of Certified Public Accountants (MSCPA)
  • American Institute of Certified Public Accountants (AICPA)
  • Citizens National Bank – Advisory Board Member

EDUCATION AND MEMBERSHIP

  • Guardian Angel Settlement Association Finance Committee
  • Vianney High School Finance Committee