The LIFO Coalition has submitted a comment to the Securities and Exchange Commission (SEC) regarding a possible method of incorporation of International Financial Reporting Standards ("IFRS") into the current financial reporting system for U.S. issuers.
Download a copy of The LIFO Coalition comment.
NAEDA explains the changes the Small Business Jobs Act of 2010 (Jobs Act) and the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (Tax Relief Act) will bring about regarding depreciation and deduction of business property, which may affect equipment dealers and their customers.
Download a copy of NAEDA's Special Report on the Jobs Act and the Tax Relief Act.
NAEDA and other top equipment industry trade associations have sent an open letter to Congressional leaders urging Congress to prevent the 2001 and 2002 tax cuts from expiring, permanently resolve the uncertainty surrounding the estate tax, repeal the government contractor withholding tax, and renew five-year depreciation for ag equipment.
Download a copy of the Equipment Industry Tax Letter.
The Council On State Taxation (COST) has released its annual study of state and local business taxes. It shows all state and local business taxes paid in each of the 50 states and the District of Columbia.
Download a copy of the 2011 Business Tax Burden Study.