HBK Partnership Announcement
Far West Equipment Dealers Association welcomes HBK Financial Consultants to our Preferred Provider Program. Preferred Providers are screened and approved to support FWEDA dealers with incentivized products and services. FWEDA welcomes HBK Financial Consultants to our Preferred Provider Program. HBK’s dealership business encompasses negotiating insurance coverage, portfolio consulting and tax planning, dealership valuations, management and…
California Tax Laws Update
On July 1, California Governor Gavin Newsome signed Assembly Bill 91 into law, selectively conforming California’s tax laws to certain changes made under the Tax Cuts and Jobs Act of 2017 (TCJA) limiting like-kind exchanges of real property after Jan. 10, 2019. California state tax law does not automatically mirror federal tax law.
Federal appeals court favors farm equipment makers in challenge to 2017 North Dakota law
A federal appeals court sided with a group of farm equipment makers that challenged a 2017 North Dakota law regulating the relationship between manufacturers and dealers Friday, Aug. 2.
Farmers’ Interest in Big Purchases Improves Significantly
Farmer sentiment improved again in July as the Ag Economy Barometer jumped to a reading of 153, an increase of 27 points compared to June. The index that measures farmers sentiment related to making large investments enjoyed the biggest two-month upswing since data collection began in 2015.
FWEDA Offers Sales Tax Assistant for Members
Although the landmark Wayfair ruling provides for a more even-handed application of the sales tax laws for brick-and-mortar retailers, its impact is projected to cost equipment dealerships an average $100,000 for compliance.