Day: February 10, 2021

10 Dealerships Achieved Marine Industry Certification Status in 2020

MINNEAPOLIS, MN, FEBRUARY 10, 2021— The Marine Retailers Association of the Americas is pleased to announce and celebrate the 10 dealership locations that achieved Marine Industry Certified Dealership status in 2020.   The Marine Industry Certified Dealership Program provides marine retailers with a customizable blueprint to help establish efficient and effective processes. The program not […]

Your PPP Loan May Get Taxed in Some States

Paycheck Protection Program (PPP) forgivable loans, which were used by nearly 90 percent of recreational boat dealerships for support during the shutdowns caused by the pandemic, are at risk of being included as income by some state governments, possibly making the forgiven portions taxable. Passed in the Coronavirus Aid, Relief, and Economic Security (CARES) Act […]