Are you hunting for a new job? The SEMA Career Center has a comprehensive listing of automotive-related job openings around the country. Here are some of the latest jobs posted to the website.
Dates and locations have been scheduled for several upcoming SEMA-sponsored shows, measuring sessions and activities.
The first issue was published in January 1948.
By SEMA Washington, D.C., Staff
The Internal Revenue Service has set the standard business-mileage deduction at 65.5 cents per mile for 2023, up 3 cents from the previous midyear increase, which set the rate for the second half of 2022. The mileage calculation includes the cost of fuel, along with other vehicle fixed and variable operating expenses, such as depreciation, insurance, tires etc. These rates apply to electric and hybrid-electric automobiles, as well as gasoline and diesel-powered vehicles.
Referred to as the SECURE Act 2.0, the provisions expand the SECURE Act 1.0 reforms enacted in 2019.
When the 2017 tax law was enacted, it allowed companies to amortize certain tax deductions over one year, but the benefit was only temporary.
The SEMA-supported INFORM Consumers Act became law as part of the FY 2023 omnibus spending package.
The event provides the ideal atmosphere for members to make new contacts and strengthen existing connections.
For members of the Automotive Restoration Market Organization (ARMO) and classic-car aficionados, the SEMA Show is an ideal setting to showcase and shop for products and services which drive the restoration market.
At the time of publication, the U.S. Senate Environment and Public Works (EPW) Committee and the U.S. House Energy & Commerce Committee are negotiating on the Recognizing the Protection of Motorsports Act (RPM Act) for potential consideration at the end of the 2021–2022 session of Congress.