The Florida Automobile Dealers Association’s mission is to serve the interests of Florida’s new car and truck franchised dealers, and advocate on behalf of this $77 billion dollar industry.
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How prepared are you for a catastrophe? You may not be in a hurricane, earthquake or tornado zone, but no one is excluded from the potential devastation of fire. Could you carry on and rebuild in the event of a partial or total loss of your physical property? By Edie...
read moreAs Florida watches the tropics this hurricane season, FADA would like to remind you of the great insights from dealers who’ve experienced past hurricanes. Protecting your dealership and your employees could become your number one priority this week, so we offer the...
read moreNADA's DEALER ATTITUDE SURVEY came out last week and you want to make sure you participate. Dealers, check your inboxes for an email with instructions. The dates to complete survey run from July 8 to August 8. Make sure your voice is heard. The survey results convey a...
read moreDuring the 2019 Legislative Session, the Legislature authorized that Hope Scholarship Program contributions may also be used to fund scholarships for the Florida Tax Credit Scholarship Program, which provides low income students the opportunity to apply for a...
read moreRegulatory
As you may be aware, the Law Form retail installment contract, commonly known as the 553, was changed this month. Most of the changes will not be apparent, except for one, the insertion of a pre-delivery service fee section along with the Florida statutory disclosure...
read moreThe Internal Revenue Service (IRS) released both final and proposed regulations on the Tax Cuts and Jobs Act’s (TCJA) bonus depreciation provisions. The proposed regulations address the availability of 100% bonus depreciation for dealers who also deduct floor plan...
read moreDealers with 100 or more employees are subject to the U.S. Equal Employment Opportunity Commission’s (EEOC) EEO-1 Survey filing requirements, which were recently revised to cover new “Component 2” data, including information on employee W-2 wage and hours worked set...
read moreFADA is in final discussions with the DHSMV to change their current policy related to how many dealer tags a dealership can obtain from their local tax collector’s office. The DSHMV is implementing changes to allow you to present multiple insurance policies with a...
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