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Archive January 2022
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Policies for COVID-19 at Texas Dealerships
- By: TIADA Compliance
- On: 01/31/2022 15:07:16
- In: Texas Posts
- Comments: 0
The COVID-19 pandemic continues to leave its impact on the day-to-day operations of small businesses across Texas. As the independent automobile industry has made headlines for increasing prices and falling inventories, many dealers remain unclear about what they should do should a staff member contract the virus. This comes at a difficult time for businesses, especially since many are struggling to find and keep qualified workers on the payroll.
Representative Trent Ashby Speaks with Dealers in Lufkin
- By: Stephen Pallas
- On: 01/18/2022 14:19:46
- In: Texas Posts
- Comments: 0
TIADA hosted State Representative Trent Ashby on January 11, 2022. Organizing these events with local and state legislators is one of the most important things we do as an association. We count Representative Ashby among the many leaders who have taken the time to speak directly with independent automobile dealers throughout the state.
Read all of Representative Trent Ashby Speaks with Dealers in Lufkin
Dates To Remember: Special Inventory Tax (VIT)
- By: TIADA Compliance
- On: 01/17/2022 13:29:44
- In: Texas Posts
- Comments: 0
TIADA recently received several calls to the Compliance Consultation Service regarding penalties for late or missing special inventory tax payments. Few dealer compliance issues in Texas raise more questions than how to handle collecting and paying special inventory tax. This week, we review key dates and corresponding forms that need to be submitted to help dealers stay compliant and avoid significant fines.
Odometer Disclosure Exemption? Not So Fast...
- By: Guest Blogger
- On: 01/17/2022 10:58:40
- In: Texas Posts
- Comments: 0
The odometer disclosure exemption changed just over a year ago, on January 1, 2021. The new requirements have affected a significant number of previously exempted vehicles across Texas. In 2021, we reached out to the Texas Department of Motor Vehicles to help answer key questions dealers are asking regarding this regulatory change issued by the National Highway Traffic Safety Administration and what actions dealers should be prepared to take. TxDMV provided the following to help TIADA members:
How Long Am I Required To Keep These Records?
- By: TIADA Compliance
- On: 01/02/2022 16:43:10
- In: Texas Posts
- Comments: 0