F&I Industry News

The Seven Deadly Sins of F&I

Current economic conditions and today’s litigious environment make paying close attention to regulatory compliance and best practices a must for dealers across the U.S. The following errors and bad practices are the seven most common reasons dealers become the targets...

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Notice to those completing the AFIP Certification Course

AFIP Certification On-line Training Now on LightSpeed AFIP is proud to announce our partnership with LightSpeed, a nationally recognized interactive virtual training system provider. LightSpeed now hosts the AFIP Certification Online Training Program, referred to as...

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Suspicious Activity Box Procedures

Please note the following as it relates to the IRS 8300 procedures if the Suspicious Activity Box is checked – the form is being filed voluntarily. (The dollar amount received in cash and / or by a qualifying instrument(s) does not exceed $10,000.) A suspicious...

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The Best Gets Even Better June 1

By Dave Robertson  If there is a maddening aspect to regulation education, it’s the need to keep our curriculum current with a never-ending flow of newly promulgated or updated regulations. We keep pace with relative changes by adding time-sensitive updates to enhance...

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