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IL SOS Driver Facilities Closed - License Plate Renewals
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Illinois SOS Driver's Facilities will be closed for the next several weeks and, although the state is extending its renewal period for license plates, many consumers will still be anxious and concerned about their plates being expired. A great way for dealerships to increase foot traffic and potential sales appointments would be to offer to renew customer license plates at your facility. If you would like help setting up your cashier to renew registration stickers or for assistance with any part of the CVR process, please send an email to IL@cvrreg.com. CVR is still here every day to support our Dealers. |
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Webinar: NADA All Dealer Town Hall Meeting
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NADA All Dealer Town Hall Meeting
Presented by:
Peter Welch | President and CEO | NADA
Rhett Ricart | 2020 NADA Chairman | Ricart Automotive Group
Thursday, April 16 | 1pm-2pm ET
NADA is hosting a live town hall meeting with NADA Chairman Rhett Ricart, a multiline dealer from Columbus, Ohio; and NADA President and CEO Peter Welch. Ricart and Welch will review current NADA initiatives to help dealers manage the coronavirus pandemic, including government assistance and loan programs, and take questions in a live Q&A format. REGISTER. |
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DHG Dealerships - Recorded Webinars
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DHG Dealerships has provided IADA with links to their recorded webinars, an excellent resource for dealerships.
The CARES Act and Its Impact on Dealerships
Highlights of the webinar include:
- SBA Loan Provisions & Options
- Significant Tax Incentives & Opportunities
- Interplay with Families First Coronavirus Response Act
- State Tax Implications
You've Applied for - and Hopefully Received Your Paycheck Protection Loan, Now What's Next?
Now that you have applied for, and hopefully received, your Paycheck Protection Loan, many dealers are turning to what's next. How do I calculate expected forgiveness? How do payroll definitions for forgiveness differ from those used in the application process? What options do I have? What are best practices around my internal record keeping and administration?
Topics covered:
- Quick Overview of Application Process - What Did We Learn
- The Forgiveness Rules, as they stand today
- Forgiveness Calculations & Nuances
- Record Keeping & Best Practices
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