NJ CAR

Latest News Stories

Sep 06, 2020
NJ CAR recently joined more than 100 other New Jersey business associations, as signatories to a letter sent to Governor Murphy and members of the New Jersey Legislature, expressing our concern about the proposed 2021 State budget. The letter stresses that businesses and individuals have been dealing with the painful...
Sep 03, 2020
In August, the American Bar Association approved a resolution that, in part, urges governments at all levels to: Adopt laws and policies that promote the adoption of an enhanced nondiscrimination compliance system for dealer compensation for arranging and/or originating a vehicle finance contract by offering a safe harbor against pricing...
Sep 02, 2020
Governor Murphy signed Executive Order No. 183, which loosens restrictions on retail businesses including restaurants and movie theaters. The Order allows the resumption of indoor dining at restaurants (25% capacity), effective Friday, September 4. The Order also allows movie theaters and other indoor entertainment venues to reopen as long as they comply...
Aug 29, 2020
President Trump issued an Executive Order on August 8, 2020 that directs the Department of the Treasury to temporarily suspend withholding of the payroll tax from September 1, 2020 through December 31, 2020. The Order leaves many questions unanswered and Treasury is expected to soon issue guidance that provides...
Aug 25, 2020
The New Jersey Motor Vehicle Commission (NJMVC) has recently confirmed that it is taking a minimum of 30 days and, in some cases, as long as 6-8 weeks, to issue new Corp Codes, also known as Entity Identification Numbers (EIN). It is critical that any dealership selling a vehicle to...
Aug 20, 2020
NJ CAR's Office Manager/ Controller Workshop, typically a full-day, live event, has been cancelled this year, due to the COVID-19 pandemic. The Coalition has chosen to break the training up into several FREE webinar modules. The second module, Critical Accounting Issues Explained, was held on Thursday, August 20, 2020....
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