Now Is Not the Time to Pay Too Much - Taxes
Construction Equipment Distribution magazine is published by the Associated Equipment Distributors, a nonprofit trade association founded in 1919, whose membership is primarily comprised of the leading equipment dealerships and rental companies in the U.S. and Canada. AED membership also includes equipment manufacturers and industry-service firms. CED magazine has been published continuously since 1920. Associated Equipment Distributors
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SECTION: Taxes

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Now Is Not the Time to Pay Too Much

By Ron Hodgeman

Article Date: 09-01-2012
Copyright(C) 2012 Associated Equipment Distributors. All Rights Reserved.


Many profitability factors are tied to government action – or inaction – but several tax strategies are accessible to dealers regardless of Uncle Sam’s whims.

Over the last few months, a lot of attention has been given to the "fiscal cliff" and what it means to our economic recovery. The uncertainty of what will happen in the tax law is driving many companies to put strategic business decisions in limbo and suspend hiring and investment in new capital investments. While I share these concerns, I worry that the media attention given to the fiscal cliff is distracting companies from focusing on the things that are not dependent on government action and that can be acted upon right now.

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