As you know, DealerXT is always looking for opportunities to benefit our dealers. We wanted to let you know first:
This is an excellent opportunity for our dealers during these temporarily difficult times caused by COVID-19.
There are two major benefits to the deferral:
• First Quarter filings and tax payments will be automatically extended to July 31, 2020
• Dealers can request up to $50,000 to be deferred for up to 12 months, interest free!
This is essentially an additional $50k interest-free loan from the state government.
Please contact us if you have any questions regarding the sales tax referral.
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