A provision of the CARES Act temporarily increases the amount of interest expense businesses are allowed to deduct on tax returns, increasing the 30 percent limitation to 50 percent of taxable income for 2019 and 2020.
Eligible businesses can apply for Paycheck Protection Program small business loans to cover qualified payroll costs including rent, utilities and interest on mortgage and other debt obligations.
Canadian Finance Minister Bill Morneau released details on the Canada Emergency Wage Subsidy program, confirming RV dealers across Canada are eligible, according to RVDA of Canada.
The recently passed federal stimulus bill allows RV dealers with fewer than 500 employees to get Small Business Administration loans to cover all paychecks for the next two months. Dealers that don’t cut staff or wages can get most of their loans forgiven.
Travel trailers between 40 feet and 46 feet long are once again legal in Washington state. On March 25, 2020, Washington Gov. Jay Inslee signed a bill into law to solve an RV length issue.
Due to the COVID-19 crisis and CDC recommendations, RVIA has canceled RVs Move America Week. The association said it made the decision based on concern for its members, their families and RVIA staff.
On Friday, March 27, the U.S. House of Representatives passed a “Phase 3” economic stimulus package: the Coronavirus Aid, Relief and Economic Security (CARES) Act.
On March 26, the Office of the U.S. Trade Representative (USTR) will publish its latest announcement of a new round of exclusions covering a broad range of products on List 3 of the Section 301 tariff action.
The RV industry needs your help. Let the policymakers in your state know that it is imperative that RV businesses are classified as essential, allowing RV dealers to remain open…
The Canadian RV and camping industry has announced measures to advocate to government officials and policy makers that RV manufacturers and suppliers, RV dealers and service centers, and private RV parks and campgrounds be included in the businesses deemed as essential services…
Based on the information RVIA received from Indiana state officials, RV manufacturing qualifies as essential businesses in Indiana under Gov. Eric Holcomb’s March 23 Executive Order…
Indiana has joined the growing list of states issuing stay-at-home orders to prevent the spread of COVID-19. In an address to the state Monday, March 23, Gov. Eric Holcomb asked Hoosiers…
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