ICTA works to prevent laws and regulations that would interfere with your ability to do business and/or are excessively burdensome. ICTA also is proactive in proposing laws that would benefit the hobby and business. Equally important, ICTA educates dealers on compliance with certain laws and regulations. Much of our work pertains to issues of taxation and other IRS regulations.
In our work with certain government agencies, we sometimes obtain critical clarifications specific to our industry that are only available through ICTA. (Even an IRS examiner may not have these letters/documents.)