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Latest News Stories

Oct 29, 2024
Today, the Division of Taxation has updated the ST-4ZEV form with clearer explanations for purchases and created a separate ST-4ZEV form for leases.  The new form for leases allows dealerships to simply include the taxable amount and the sales tax collected.  The forms can be found
Oct 23, 2024
Various parts of the U.S. continue to recover from the widespread impact of Hurricane Helene and Hurricane Milton and the damages they caused. As a coastal state, parts of New Jersey will continue to experience exposure to flooding. Whenever possible, exposed dealerships should identify the steps needed to prevent...
Oct 23, 2024
The IRS has provided a variety of resources to help dealers understand and communicate details regarding the 2024 Clean Energy Credits. Below are links to many resources: Clean Energy Tax Incentives For Businesses Clean Energy Tax Incentives For Individuals
Oct 23, 2024
The 2024 NADA Dealership Workforce Study is now available. If you participated and submitted data for the study earlier this year, you should have received a link to download a complimentary copy of the results. If you did NOT participate in the study, you can purchase the report from NADA
Oct 22, 2024
Dealers who purchased Dealer Management Services (DMS) from either Reynolds & Reynolds or CDK Global between September 1, 2013 and August 15, 2024, may be eligible to receive money from the proposed $129.5 class action settlement and can now submit their claim. File Your...
Oct 22, 2024
Mark Pellegrino, President and Dealer Principal at Pellegrino Auto Group, was recently selected as New Jersey’s 2025 TIME Dealer of the Year (TDOY) award winner. Mark is recognized for his exceptional industry accomplishments, as well as his commitment to community service. He will be honored at the 108th annual...
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