McLEAN, Va. (Jan. 17, 2012) – NADA University, the education and training arm of the National Automobile Dealers Association (NADA), has introduced a new, fully updated and easily accessible guide to the complex Federal Excise Tax (FET) compliance rules facing truck dealers.

“A Guide to Federal Excise Tax Compliance,” a new addition to the Driven Management Guide series offered by NADA U, tackles the crucial FET issues faced by truck dealers, so they can apply the tax correctly or make reasonable assessments when the rules are unclear.

“Understanding FET rules is not only a challenge for truck dealers; it’s critical to their bottom line and meeting compliance requirements,” said John Lyboldt, vice president of Dealership Operations at NADA. “This is the most timely and comprehensive guide for dealers that clearly addresses these complicated issues.”

Together with NADA, the guide was written by FET experts Mark H. Sidman, J.D., and Rose-Michele Nardi, J.D., of Weiner Brodsky Sidman Kider PC, who have 45 years of combined experience advising truck retailers on FET issues.

NADA U is offering the guide free of charge to American Truck Dealer (ATD) and NADA members. It can be accessed on the NADA U site, www.NADAUniversity.com, at the Resource Toolbox, Driven Management Guides, Legal/Regulatory. The guide is $50 for non-members at the NADA U Store. 

This is the first Driven guide that NADA U has made available both as a fully downloadable PDF document and divided into chapters with tests, serving as a completely trackable educational resource for dealers who want to train their employees on FET rules. 

Editor’s note: Media attending the NADA-ATD convention, February 3-6 in Las Vegas, are encouraged to stop by the NADA University booth in the main lobby of the convention center to learn more about the FET guide, as well as all of NADA U’s new products and services launching in 2012 to help dealers drive performance and profitability.

About NADA University

NADA University equips dealers and their teams to get results – with the right knowledge, information, coaching, and resources to develop both skills and confidence. Visit www.NADAUniversity.com for more details on these NADA University centers:

ACADEMY – Leadership development programs for current and future dealership operators and automotive entrepreneurs.

LEARNING HUB – Employee and manager training solutions -- courses, classes, workshops and webinars -- by leading automotive experts, with an all-new online platform enabling your staff to train at their convenience and pace. 

20 GROUP – Consultant-led performance improvement fueled by a group of non-competing peers eager to share their experience and learn from yours.  

RESOURCE TOOLBOX – Valuable member benefits, including Driven management guide publications, MarketINSIGHT mini-webinars, NADAPerks monthly tips and tools, and key market data – all complimentary resources you’ll find only in NADA U’s online library. 

For more information on all of NADA University’s training and educational programs, visit www.NADAUniversity.com or call (800) 557-6232.