COVID-19 – General Update

April 9, 2020

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

April 7, 2020

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

April 4, 2020

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

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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A Letter From NCADA President Robert Glaser

April 3, 2020

Dear NCADA members: Just a short three weeks ago, we were worried about Duke vs. UNC as a possible matchup in the ACC tournament in Greensboro.  Times have certainly changed and…

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Employee Retention Credit

April 1, 2020

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

April 1, 2020

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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Reminder – FFCRA Becomes Effective Today, April 1, 2020

April 1, 2020

The federal Families First Coronavirus Response Act (FFCRA) becomes effective today, April 1, 2020, and requires employers with less than 500 employees to provide their employees with paid sick leave…

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Gov. Cooper Issues New Executive Orders

April 1, 2020

Governor Cooper has issued two additional executive orders this week to address COVID-19 related issues. Executive Order 122, issued March 30, 2020, eases regulations on the disposition of state surplus property…

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NC Department of Revenue Notice on Tax Relief

March 31, 2020

The North Carolina Department of Revenue has issued an Important Notice: Department of Revenue Expands Penalty Relief for Taxpayers Affected by Coronavirus Disease 2019 (COVID-19). The Department notes that penalties will…

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