Auto Supply Blog » IRS

The Internal Revenue Service updated frequently asked questions to provide guidance related to eligibility rules, income limitations, transfer rules and dealer registration for the mew, previously owned and qualified commercial clean vehicle credits.

The Internal Revenue Service would like to remind car dealers and sellers to be aware of evolving phishing and smishing scams that could impact day-to-day operations of the business. In light of the recent ransomware attack aimed at car dealers, the IRS is warning individuals and businesses to remain vigilant against these attacks. Fraudsters and identity thieves attempt to trick the recipient into clicking...