Notice Of Lobbying Activity

With the current tax season upon us, we are required by the IRS to remind members that as a result of ongoing lobbying activities (by this Association) on behalf of our members, a small portion of dues payments are not deductible by members as an ordinary and necessary business expense.

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Expired Tax Provisions Could Hurt Equipment Sales

Of the more than 50 tax provisions which expired with the closing of 2013, one thought to be critical to farmers, ranchers and small manufacturers is related to small business expensing. Under the expired Section 179, small business expensing provision, the maximum amount that a small business can immediately expense when purchasing business assets instead of depreciating them over time was

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Twisted Definitions Continue To Strike

he Wall Street Journal notes that since the 1970s, annual federal appropriations bills have explicitly prohibited the federal workplace overseer from descending on small family farms. Specifically, OSHA does not have jurisdiction over “farming operations” with 10 or fewer employees. OSHA officials have found a novel way to circumvent this statutory restraint.

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Will Prize Tax Breaks End December 31?

While the budget agreement reached this week in Washington would avert another government shutdown in January there was little hope that anything will be done to renew the 55 federal tax credits set to expire at year-end.

The expiration of the tax breaks is no surprise to the business community, which has become accustomed to Congress extending them retroactively — most recently in the “fiscal-cliff” deal.

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“I’ll Take the Job…”

“When you allow people to be on unemployment insurance for 99 weeks, you’re causing them to become part of this perpetual unemployed group in our economy,” Reportedly the U.S. Federal budget deal worked out this week does not include an extension of the federal long-term unemployment benefit.

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Member Involvement Needed

Over the last year, we have seen several disturbing examples of what can occur when public policy issues emerge in states where this Association has very few, if any member companies. No manufacturing facility, no owners, no employees, no tax base and no voters will always equal… no influence on the outcome.

With strong member support in Wisconsin, we believe there is an excellent chance for our members’ voice to be heard and to ensure that common sense and reason find their place into the discussion of how the state will regulate the use of farm equipment on its public roadways.

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Farm Bill Vote Delayed

After a week of mixed signals from the major players working to find a compromise on the Farm Bill, it’s now clear that no vote will occur in 2013 on a new 5 year bill. The House voted to extend current policy through January 31, 2014, but the Senate Majority Leader announced he would not allow a vote on the 30 day extension.

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Delay In Small Business Health Care Enrollment

The Obama administration recently announced a one-year delay of online enrollment for small businesses looking to purchase health coverage through federal Obamacare exchanges, another high-profile setback for HealthCare.gov, politico.com reports. It’s the second delay for online small business enrollment, which the administration had said would begin this month.

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Behlen Praised In Congressional Hearing

ennifer McNelly, president of NAM’s Manufacturing Institute, talked about the shortages of skilled labor and the need to change the perception of manufacturing jobs to make them cool again. She praised the work of Tony Raimondo, Sr., of Behlen Manufacturing in Columbus, NE, in having former students of technical education programs spread the word to the next generation of workers.

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Dealer News Update

Cervus Equipment Corp., Calgary, Alberta, Canada, has announced financial results and operational highlights for the quarter

Bobcat Co., West Fargo, ND, has expanded its dealer network with the addition of two Total Equipment and Rental locations in New Mexico and Texas

Rocky Mountain Dealerships Inc. reported its financial results for the quarter

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AgJunction Reports 3Q Profit

For the third quarter ended September 30, 2013, the company reported revenues of $11.4 million, an increase of 9% from $10.5 million in the third quarter of 2012. Strong quarterly results in the OEM and Agronomy Service divisions, up 27% and 41%, respectively, from the comparative period, were partially offset by. . .

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Good News On Many Fronts For the Industry & the Association

While current headlines are full of news that could leave one with a degree of apprehension, as we enter the final month of the year, from my viewpoint, 2013 has provided much for our industry and has given this Association much to be thankful for.

During our annual meeting in Indianapolis last month, I had the pleasure of reporting to our Board of Directors that this Association of farm equipment manufacturers, suppliers and marketing members, not only remains financially strong, but that we are attracting new members at a record rate, in an industry where consolidation continues to be a major factor.

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