Articles for Legal & Accounting Dealer Operations
Tuesday, August 31, 2010
Lon Leneve - Employee fraud is a recurrent problem in dealerships. The three factors that cause an employee to commit fraud are discussed, as is the importance of implementing a fraud policy.
Thursday, December 11, 2008
Aaron Proctor - When I speak to dealers for the first time about the Privacy Act or Red Flags compliance, I begin with three questions...
Wednesday, September 26, 2007
Lisa Asbell - If you have a data breach and a customer suffers losses (or even worse, if multiple customers suffer losses), you can be held responsible for those damages along with federal and state fines...
Thursday, September 28, 2006
Kevin Kellerman - If the customer decides to purchase this option, they have the right to return the vehicle within two business days after the delivery of the vehicle...
Friday, September 01, 2006
Rex Collins - Dealers should remember that a technician is supposed to perform the appropriate documentation, not a service advisor.
Friday, September 01, 2006
Rex Collins - Internal theft is big business. It is estimated that the cost to each employer is $9 per day per employee...
Thursday, August 31, 2006
Rex Collins - If the employee provided the use of a demonstrator automobile is not a full-time salesperson, the full exclusion...
Thursday, August 31, 2006
Donn Wray - Assume that your property is contaminated with gas that leaked from the underground storage tanks, and will cost $500,000 to clean up. What do you do?
Tuesday, August 22, 2006
Keith Whann - “financial products and services” includes the financial institution’s evaluation of information collected in connection ...
Tuesday, August 22, 2006
Brian Hudson - What the situation cried out for was for guidance from someone or some body that actually knew something about TILA and Reg. Z...
Monday, August 21, 2006
Sandra Zabek - You can also control costs by reducing your federal tax rate if all your unemployment taxes are paid as of January 31...
Monday, August 21, 2006
Rex Collins - Credit applications can be sold for between $30 and $60, and depending on the quality of the applicant, as much as $500...
Monday, August 21, 2006
Rex Collins - In August 2004, the IRS decided that heavy-duty pickups such as the Ford 400 and 500 series vehicles ... might be tractors.
Monday, August 21, 2006
Rex Collins - The IRS is allowing dealers to treat these payments as “trade discounts” for tax purposes...
Wednesday, August 16, 2006
Al Leone - The new law creates what’s called a “substitute check” that has the same legal standing as the original check.
Monday, August 14, 2006
Melody Quinlin - The accounts should be reviewed to not only find posting errors, but to find any asset under $100 that was not in conjunction with other purchases...
Monday, August 14, 2006
Sandra Zabek - The dealership must develop a customer-oriented business process with achieving a continual dialogue across all points of access...