NAEDA Newsletter
Friday, October 24, 2014 Helping Dealers Succeed!
NAEDA NEWS ALERT
South Wing Lobby is new location for NAEDA’s exhibit booth at GIE+EXPO 2014
The Dealer Resource Pavilion, co-sponsored by NAEDA, has a new location this year - in the South Wing Lobby.  This is where you will attend Bob Clements' free management classes, check in for tech training and meet your key suppliers.
 Read More...
Industry & Manufacturing News
Branson Tractors teams up in the fight against breast cancer

Dwight Thomas from Efland, North Carolina is the proud winner of the Branson Pink 2400 model tractor with a loader.  The drawing took place at the recent Sunbelt Show in Moultrie, Georgia.  The proceeds from this year-long promotion by Branson Tractors headquartered in Rome, Georgia will be donated to the National Breast Cancer Foundation (NBCF).  Read More...

Kubota to introduce mid-range tractor line

Commercial livestock producers have, for longer than they care to recall, felt like the stepchild in the tractor world. Bigger machines designed to handle bigger hunks of real estate seem to have dominated the market, leaving many stockmen searching.

Kubota aims to change that with the introduction of M7-Series tractor line, three new mid-range tractors in the 130 to 170 horsepower range. This is the largest horsepower offering for Kubota in its tractor line-up to date.  Read More...

Mow Down Breast Cancer

Bush Hog culminated it’s 2014 “Mow Down Breast Cancer” fund raiser campaign at the Sunbelt Ag Expo in Moultrie Georgia by giving away a specially built “Pink Zero Turn”.   Howard Tunner from Monroe Georgia,  was the lucky winner of the Bush Hog ES2052 zero turn.  Read More...

Caterpillar Inc. announces leadership changes

Major changes in the executive office at Caterpillar Inc. were announced Friday, October 10. Three executives with more than 110 years of experience, collectively, at the company announced their retirements while new appointments established a new leadership order at Caterpillar.  Read More...

Legislative & Regulatory News
"Passive" Investors freed from CRP Tax

In a blow to the IRS, the Eighth Circuit Court of Appeals ruled Oct. 10 that Conservation Reserve Program payments to a non-farmer are rents from real estate and are not subject to self-employment tax.  Read More...

Budget deficit falls to $483B, a six-year low

The federal budget deficit fell in fiscal 2014 to the lowest level since 2008, the Treasury Department announced Wednesday, October 15.  Read More...


NAEDA Update Official Sponsor
Canadian News
Tax credit for children’s fitness to be doubled, says Stephen Harper

Parents with children in fitness activities will be able to reduce taxes payable by up to $150 per child annually as a result of changes to the Children’s Fitness Tax Credit (CFTC) announced Thursday by Prime Minister Stephen Harper. Parents can claim the enhanced credit in the spring of 2015 when they file their tax returns for 2014, Harper said.  Read More...

Ottawa plans to build public confidence in pipelines

The federal government will launch a “public confidence exercise” this fall to build support for controversial pipeline projects and re-assure people about safety and environmental concerns. Natural Resources Minister Greg Rickford also said Friday new pipeline safety measures, to be released this fall, will help convince customers and communities that shipping bitumen is safe.  Read More...

As oil goes, so does Canada’s economy

Feel free to panic about oil. Okay, on a day when the stock market sell-off teetered on the edge of a soul-crushing rout (before bouncing back to merely awful), this might seem like I’m sounding the alarm bell about the wrong market.  Read More...

Canadian economy on track to deliver tax breaks

Canada’s finance minister expects the economy to remain on track for solid growth this year and next, an outlook shared by private-sector economists who met with Joe Oliver on Tuesday as part of the government’s pre-budget consultations.  Read More...

A new mandate for Stephen Harper could bring radical change

Unless the prime minister jumps the gun on his own election law, Canadians are exactly a year away this weekend from having to decide who of Stephen Harper, Justin Trudeau or Thomas Mulcair will head the next federal government.  Read More...

Wheat, canola boost exports to U.S.

The United States is becoming an increasingly important export customer for Canadian grain. It has always been a significant buyer of Canadian grain, but several factors have greatly increased the cross border flow. Exports south are growing faster than overall exports, resulting in the U.S. accounting for a larger percentage of the grain export pie.  Read More...

Canadian Government announces additional investments in Agriculture

The Federal government has released information regarding a database that could potentially transform business for Canadian livestock producers. The announcement comes as a relief to consumers who are increasingly questioning where their food comes from, as well as its safety for consumption.  Read More...

Support strong for Canadian omnibus agriculture Bill

Most of Canada’s farming community is giving the federal government’s modernizing legislation, Bill C-18 a thumbs up during committee hearings this week.  Read More...


NAEDA, Association & Program Partner News
NAEDA extends sympathy to the Harry L. Rawley family

It is with great sadness that we inform you of the death of NAEDA Past Chairman (1990) Harry Rawley, of Bridgewater, Virginia.  He was a proud dealer and loved the industry.  Please keep Reba and the entire Rawley family in your thoughts and prayers. Below is a link to the obituary. http://www.johnsonfs.com/memsol.cgi?user_id=1434910  

Consider a contribution to NAEDA's Equipment Dealers Foundation

NAEDA’s Equipment Dealers Foundation (EDF) was created to provide grants to meet the industry’s need for training resources, career advancements and scholarships.  Through the years, the EDF has expanded its efforts to help dealership employees affected by natural disasters.  Moving forward, your support is needed for research, grants and scholarships to continue to enhance our industry.  Read More...

Tip of the Month

KPA Tip

Tip of the Month:  What Should Never be included in Personnel Files?

The confidentiality of personnel files is of great importance. Personnel files must be stored in a locked, fire-proof file cabinet in a locked location that is only available to Human Resources staff. While most documents are kept within personnel files, confidential information, I-9 Employment Verification forms, and medical/leave records must be kept in folders or binders that are separate from personnel files.

Confidential information refers to any documents that include:
  • Date of birth
  • Medical information
  • Marital status
  • Religious beliefs
  • Social security information

Do you have questions about what else should be included in personnel files? Contact hrm@kpaonline.com.

NAEDA Board Approves Changes To Committee and Council Structures
Expanded opportunities for members to provide guidance on key issues.

At its recent meeting in St. Louis, the NAEDA Board of Directors approved sweeping changes to the structure of the association’s committees and councils. The changes are intended to encourage greater participation at the national level and offer enhanced opportunity for members to provide input on policies, strategies and key issues fundamental to their success.  Read More...


North American Equipment
Dealers Association

1195 Smizer Mill Road
Fenton, MO  63026-3480
Phone: 636/349-5000 
Fax:  636/349-5443
www.naeda.com
E-mail:  naeda@naeda.com

NAEDA Update is provided as a service to members of the North American Equipment Dealers Association. This information may not be reprinted without permission from NAEDA.

The North American Equipment Dealers Association provides educational, legal, legislative, and financial services to approximately 5,000 retail agricultural, construction, large property/rural lifestyle, and outdoor power equipment dealers in the United States and Canada.

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© 2014 The North American Equipment Dealers Association.
1195 Smizer Mill Road, Fenton, MO 63026-3480 | Phone: 636-349-5000
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