On Tuesday, October 4, AAMVA’s Region 3 Conference in Minneapolis highlighted MADA’s role as Minnesota’s sole EVTR inventory distributor. Greg Loper, Vehicle Services Program Director for Driver and Vehicle Services, participated in an Innovations Panel where he presented Minnesota’s highly successful EVTR program. He emphasized how strong partnerships, including the state’s long-standing collaboration with MADA, have been key to the program’s ongoing success.
New Deductions for “Qualified Overtime Compensation”
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...