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Form 8300 Cash Reporting - A Refresher

Customer RSS - F&I California
Recently, we heard from several dealers that they have been tagged by the IRS for audits on Form 8300 compliance. While most of you know about the IRS/FinCEN Form 8300, we're covering a quick refresher.
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Quoting Payment Ranges (And Why It Is Not A Good Practice)

Customer RSS - F&I California
What are your desking practices? They can differ widely throughout the industry but usually include quoting payments. Let's break down quoting ranges and why it isn't a best practice.
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Miscellaneous Military Matters Revisited

Customer RSS - F&I California
With Memorial Day around the corner and thinking about our troops, we're answering some common Hotline questions we receive about active-duty and non-resident military members.
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What’s Hot on the Hotline? Total Recall(s)

Customer RSS - F&I California
We're covering the Hotline's most frequently asked questions about sales and recalls.
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DMV and DHS Alerts—Tax Rate Changes and REAL ID Extension

Customer RSS - F&I California
The Department of Homeland Security and the California DMV has made some recent changes to tax rates and REAL ID enforcement that will impact your dealership.
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DMV Alerts — Updates

Customer RSS - F&I California
The DMV issued updated guidance clarifying online sales and off-site deliveries of vehicles.
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Sales Tax Exemption Myths Revisited

Customer RSS - F&I California
Tax season seems to bring an uptick in Hotline calls about customers with different sales tax exemptions. Let's dispel some of the more common sales tax exemption myths that we regularly come across.
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Revisiting Best Practices to Avoid Prior Undisclosed Accident Damage Claims

Customer RSS - F&I California
It's time to battle an age-old foe in the industry: customer complaints regarding purported undisclosed prior accident damage. How can we prevent this from happening?
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Disclosing Negative and Retained Equity on 553

Customer RSS - F&I California
A customer has a trade-in but they want to retain some equity from the trade. How do you disclose the arrangement and negative trade equity on the contract?
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