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Your auto dealership should be using an 8300 form to report cash payments over $10,000 to the IRS. When you’re running an auto dealership, you have a lot on your mind every single day — managing your team, keeping an…
Does your dealership have a written identity theft prevention program to comply with the Red Flags Rule? Running an auto dealership isn’t easy, and there are countless rules and regulations owners are told they need to follow — often without…
Does your dealership have these automotive compliance issues under control? Lack of attention may lead to serious consequences. Dealership owners have their hands full. The industry is quickly changing, so they’re constantly on their toes with every aspect of the…
Are you at risk for dealership compliance violations? Dealership compliance has spread like wildfire since the passing of Dodd-Frank and the formation of the Consumer Finance Protection Bureau. There are numerous strict regulations, from F&I to marketing to inventory, that it’s your…
Just a few years ago, we likely never dreamed we’d be using text messaging as part of the sales process. But more and more dealers are using text messaging to facilitate communication between sales staff and customers. SMS texting allows…
2014 was a year marked by some grim auto industry news. Most notably by two major safety defects that cost dozens of lives, and billions of dollars to top automakers. But the year also brought product innovation, and an upward…
