Electric vehicle tax credit rules create ‘chaos for consumers’; Eric Hill, automotive investment attorney at Rose Law Group, weighs in with shopping tip

By Lawrence Ulrich | The New York Times Designed to accelerate the shift to electric cars among other climate goals, the Inflation Reduction Act has in practice made buying such vehicles a lot more complicated. In August, the law ruled out the full tax credit of $7,500 for electric vehicles and plug-in hybrids assembled outside North America. That may make …

Vintage cars, part of the pandemic hobby boom, priced collectors out. What can collectors do? Eric Hill, Rose Law Group automotive investment attorney, explains

By Rob Sass | The New York Times Budget-minded vintage car collectors, competing with Americans who took an interest in the vehicles as a pastime over the last couple of years, have found themselves increasingly priced out of the market for cars that were once considered cheap fun and are now in high demand. Undeterred, however, many buyers are determined …

Rose Law Group attorney Eric Hill on Volkswagen’s April Fools stunt

By Marty Swant | Forbes Volkswagen’s admission that statements it made about rebranding to “Voltswagen” were just an April Fools’ joke have some marketers wondering if the stunt did more harm than good. Earlier this week, Volkswagen had the auto and media industries buzzing when it put out an official press release claiming that it was changing the name of …

EXCLUSIVE: Government clears up what is forgivable for the SBA Paycheck Protection loan program, by RLG attorney Eric Hill

By Eric Hill, Attorney at Rose Law Group On Tuesday, the U.S. Small Business Administration [SBA] issued new guidance relating to the certification requirements of loans issued under the Paycheck Protection Program [PPP].   Forgivable loans issued under the PPP are intended to help small businesses weather the challenging economic landscape caused by the COVID-19 pandemic, but recent confusion regarding loan certification requirements …

Electroshock therapists for classic cars; RLG attorney Eric Hill, who works for clients in automotive investing, says collector-car owners should use ‘caution.’

A new study by conducted by the Seidman Institute at Arizona State University found that Westworld generates $3.9 million in annual direct tax benefits collected by Scottsdale. A bulk of that is generated through two signature events — the Barrett-Jackson collector car auction (pictured) and the Scottsdale Arabian Horse Show. / Photo by Kimberly Carillo / Scottsdale Progress By Roy …

What the federal coronavirus relief bill means for mortgages, credit and 401(k) loans; RLG Attorney Eric Hill Comments

By Russ Wiles | The Republic The coronavirus outbreak and resulting economic slowdown have increased financial stress and borrowing needs for many people. New loans might not be easy to obtain, especially if your employment income has dropped, but relief is available. The recently enacted CARES Act, which also is providing stimulus payments and small-business incentives, addresses credit needs and …

Treasury issues updates on Paycheck Protection Program, by RLG attorney Eric Hill

By Eric Hill, Attorney at Rose Law Group On Monday, the US Treasury updated its Frequently Asked Questions (“FAQ”) guidance document on the Paycheck Protection Program (“PPP”) that was established under the federal CARES Act. The PPP provides forgivable loans to small businesses to help cover costs and prevent employee layoffs, and is available through Small Business Administration (“SBA”) lenders. Businesses and …