-
IRS updates FAQs for new, previously owned, and qualified commercial clean vehicle credits
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. -
NADA: Important NEW FTC Safeguards Rule obligation - Dealers must report “Notification Events”
The FTC Safeguards Rule contains a new requirement that requires dealers to notify the FTC if certain security events that could affect consumer data occur in dealer systems or third-party systems containing dealer data. NADA has updated its Driven Guide, A Dealer Guide to the FTC Safeguards Rule (L43), to include details about the new requirements. -
Fisher Phillips: Auto dealers - If you haven’t been filing EEO-1 reports, it’s time to rethink everything, and fast
If you’ve always thought your dealership couldn’t face any real trouble for not filing your EEO-1 reports, it’s time to think again. The feds just filed lawsuits against 15 employers across the country – including two dealerships – because they are alleged not to have filed the mandatory reports. This is the first time the EEOC has taken such a drastic step, and it...