The Motor Vehicle Sales Tax Rates by State (reciprocity list) is an annual Tax Information Publication (TIP) published by the Florida Department of Revenue (most recently issued January 18, 2023). Even if you deliver a car to an...
Read MoreThe Internal Revenue Service (IRS) on Monday released an introduction for the full eligibility rules for the revamped federal EV tax credit, and it looks like automakers—as well as sellers—will have to submit a lot of reports....
Read MoreFADA Associate Member CLA will be hosting a 6-Session complimentary webinar series for dealers. The first in the series begins August 24, discussing reducing your tax bite for 2021 and 2022. CLICK HERE to view more information...
Read MoreOn August 8, 2020, President Trump issued a memorandum on deferring payroll tax obligations. Under the terms of the memorandum, withholding, deposit and payment of the employee’s share of the 6.2% social security tax are...
Read MoreA little birdy advises that dealers may soon be seeing a DOR sales tax auditor at the door! You might want to check out these good observations from a fellow dealer: If you think your employees are collecting exemption...
Read MoreBackground: IRS Important Information for Consumers Transferring Clean Vehicle Tax Credits
IRS Checklist: Clean Vehicle Credit Transfer
IRS Video: How to Submit Time of Sale Reports
Plug-in Electric and Fuel Cell Electric Vehicles Purchased in 2023 or After
Federal Tax Credits for Pre-owned Plug-in Electric and Fuel Cell Vehicles
Commercial Clean Vehicle Credit
