COVID-19 – General Update

New Executive Order – Governor Roy Cooper issued an anticipated additional Executive Order 131 this afternoon, providing for “Additional Social Distancing Requirements” for “Retail Establishments”, including certain maximum occupancy, social…

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COVID-19 – General Update

Governor Cooper to Issue Executive Order on Thursday – During a press briefing today, Governor Roy Cooper indicated that an additional executive order would likely be issued tomorrow that will address,…

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COVID-19 – General Update

NCADA Public Service Announcement – NCADA, with assistance from associate members SOKAL and Spectrum, is launching a new public service announcement – We Care.  NCADA thanks SOKAL and NCADA members…

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COVID-19 – General Update

SBA Issues Additional Interim Final Rule on Affiliations The U.S. Small Business Administration issued an additional interim final rule on the application of the SBA’s affiliation rules to loan applications…

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COVID-19 – General Update

April 3, 2020  Mecklenburg County Issues New Guidance on Local Stay at Home Order In response to a proposal from NCADA and the Greater Charlotte Automobile Dealers Association, Mecklenburg County…

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Employee Retention Credit

The Treasury Department and the Internal Revenue Service have launched the Employee Retention Credit, designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50…

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Paycheck Protection Program

The small business Paycheck Protection Program begins accepting applications this Friday, April 3, 2020.  The Paycheck Protection Program provides small businesses with funds to pay up to 8 weeks of…

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