IRS Issues FAQs on the New Deduction for “Qualified Overtime Compensation” — What Dealerships Need to Know The “Big Beautiful Bill Act” created a new above-the-line federal income tax deduction for certain overtime compensation, often referred to as the “No Tax on...

The MADA Advertising Standards Steering Committee has adopted a new Advertising Standard addressing how dealers advertise retired courtesy vehicles. The standard received the support of the MADA Board and will take effect March 1, 2026.Below is the full text of the...

As for MADA, we are pleased we no longer have to advance legislation to address the dealer license background check issue. Our top legislative priority for 2026 will be fixing PFAS reporting requirements. Currently, manufacturers will be required to report to the...