IRS Reminder: Form 8300 and Reporting Cash Payments of over $10,000
The IRS recently published a reminder for filing form 8300 on their website. Generally, if you’re in a trade or business and receive more than $10,000 in cash in a single transaction or in related transactions, you must file Form 8300. The Form 8300, Report of Cash Payments Over $10,000 in a Trade or Business, […]
Read MoreSave the Date: WANADA Annual Meeting & Dinner
The 2024 WANADA Annual Meeting will be held on Tuesday, November 7th at Columbia Country Club in Chevy Chase, MD. The event will repeat last year’s successful format change to an evening affair, complete with dinner and entertainment. A networking reception will be held from 5:30 – 6:30 p.m., with dinner to follow. Mentalist Jason […]
Read MoreGreat Play & Weather Highlight the 2023 WANADA Open
Though a wet and stormy weekend preceding the rescheduled 2023 WANADA Open threatened to cancel the event for good, the rain moved out just in time for the event to go off without a hitch…and what an event it was! The day began with a noon shotgun start with a record 190 golfers spread across […]
Read MoreReminder: 2023 Rescheduled WANADA Open Next Week!
Threats of lightning in the vicinity of the Trump National Golf Club in Sterling, VA caused the 2023 WANADA Open to be rescheduled. The tournament is now slated for Monday, September 25, 2023. All registrations and sponsorships will be honored for the new date. Mark your calendars today and stay tuned for additional relevant details. […]
Read MoreLocal News Spotlights Automotive Fraud in Area Dealerships
It should come to surprise that the Washington, DC region is one of the nation’s hotspots for fraud in automotive dealerships. For several years WANADA has been taking an active role in combatting fraud and theft by coordinating with local law enforcement, improving communications between law enforcement and dealerships, and highlighting the issue with lawmakers […]
Read MoreIRS Updates EV Tax Credit Eligible Vehicles
Our friends at NADA recently provided updates to the list of qualifying alternative fuels vehicles that can qualify for the IRS’ EV Purchase Tax Credit. Several electric, plug-in hybrid and fuel cell electric vehicles are eligible for a federal income tax credit starting with purchases this year (2023). Since the latest rules governing EV purchase […]
Read MoreNew Video Series Expounds Virtues of Auto Shows
For several years the predominant narrative in mainstream media about auto shows has been that they are outdated and ineffective. This narrative, which ignored basic facts about auto shows’ unique ability to generate sales and was primarily driven from marketing executives outside of the automotive industry, appears to be coming to an end. To wit, […]
Read MoreO’Donnell Visits City Leaders
Last year it was announced that Events DC, the city’s convention and sports authority, had hired Angie Gates as their new President and CEO, replacing longtime chief executive Greg O’Dell. O’Dell departed the role for a similar function in Chicago last spring, and it was recently announced that the Samuel Thomas, General Manager of the […]
Read MoreADEI Kicks off Semester at Montgomery College
On Wednesday, August 23, WANADA executives, dealers, college officials, community leaders and participating service managers gathered with new and existing technician apprentices to kick-off the 2023 fall semester of the Automobile Dealer Education Institute (ADEI). ADEI Chairman Harold Redden of Fitzgerald Auto Malls welcomed the attendees and highlighted how the program continues to thrive in […]
Read MoreWANADA Tag & Title Partner Expands Offerings
Last year WANADA formed a partnership with Maria’s Tag & Title to offer our members a great solution for your titling needs. Whether you are short on title agents or need assistance with out-of-state transactions, Maria’s is here to help. They have long been processing title transactions for DC, Maryland, Virginia, Pennsylvania, Delaware, West Virginia, […]
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