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Interested in
joining MADA?
If you sell franchised new
cars and/or trucks and are licensed with the State of Michigan contact Jean Quinn at jquinn@michiganada.org or (800) 292-1923 to become a member.
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MADA and DADA dealers are invited to attend The Michigan Presidents' Reception, held Feb. 5 during the NADA Convention in Las Vegas. Invitations have been mailed to dealers
pre-registered for the convention. We hope to see you there!
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Click image for more information. |
- Reporting cash payments over $10,000
As a reminder, if your dealership receives more than $10,000 in cash from one buyer as a result of a single transaction or two or more related transactions, you are required to file Form 8300 with the IRS by the 15th day following the transaction. Dealerships must also furnish each person whose name is included in Form 8300 a written statement by January 31 of the year following the transaction.
- Self-certification of vehicle ownership procedure
The State of Michigan recently made changes to the self-certification of ownership procedure (use of the TR-205 Ownership Certification form for vehicles 6 or more years old/value $2,500 or less). Please see the Dec. 16 issue of Fast Facts for more information.
- Dealer plates
Dealers are reminded that dealer plates will be mailed in mid to late February.
- Dealership training opportunities
In an effort to provide additional resources for our members, we have added a page to our website with a wide range of general business and industry-specific webinars and other educational programs. To view a list of upcoming programs, click here.
- NADA / ATD Convention
Please note: Jan. 26, 2012 is the hotel reservation deadline, as well as the deadline to register to receive the advance registration discount. For more information or to register, please click here.
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MADA
P.O. Box 2525
East Lansing, MI 48826-2525
(517) 351-7800
E-mail: info@michiganada.org
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