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Archive March 2022

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Texas Sales Tax on GPS Units

TIADA has received many questions lately about state sales tax on GPS units. Attorney Michael Dunagan addressed the topic extensively in the October 2012 issue of our monthly magazine, Texas Dealer (a link the article can be found in our Knowledge Base). We recently reached out to the Texas Comptroller of Public Accounts to ensure the information in the law as we reported is up to date. The Comptroller’s office assures the association that there have been no changes to the treatment of GPS units sold and that the taxability described in the article is correct. Following are excerpts from the article related to the taxability of GPS units.

How to Safeguard Against Phishing Emails

Governor Abbot alerts the public that "The United States is on high alert for enhanced potential Russian cyberattacks targeting critical infrastructure and private businesses across the country, including in Texas. Protecting the state of Texas from cyber threats during this time of Russian aggression is paramount." As such, now is a time to review how you handle phishing emails. 

Phishing is when attackers send fraudulent emails to try and trick the recipient into revealing sensitive information. It is also something of which you and every member of your staff should beware. Scammers will use email or text messages to trick you into giving them your information, your customers' information, or your business's personal information. They may try to steal your passwords, account numbers, or Social Security numbers. If they get that information, they could access your email, bank, or other accounts. Scammers launch thousands of phishing attacks like these every day — and they're often successful. The FBI's Internet Crime Complaint Center reported the loss of over $50 million annually to phishing schemes. Scammers will often update their tactics.

TIADA Announces Safeguards Compliance Course and the Dealer Education Portal

The Federal Trade Commission recently strengthened the data security safeguards that dealers are required to put in place to protect their customers’ financial information in response to numerous high-profile data breaches and cyberattacks that have resulted in significant harm to consumers. The FTC’s updated Safeguards Rule requires dealers to have a comprehensive security system to keep their customers’ information safe. Additionally, every dealer is now responsible for ensuring their employees are trained in protecting customer information.