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.

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SECTION: Taxes

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Contact Kim Phelan at (800) 388-0650 ext. 340.

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Now Is Not the Time to Pay Too Much

By Ron Hodgeman

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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Associated Equipment Distributors (AED) is an international trade association representing companies involved in the distribution, rental and support of equipment used in construction, mining, forestry, power generation, agriculture and industrial applications. AED member dealers are unique in that they are each authorized, via contract with an original equipment manufacturer, to inventory, sell and service new machinery in a given geography. More than 90% of AED's factory authorized dealers rent construction equipment as well. The Associated Equipment Distributors strongly adheres to and strongly advocates principles of integrity, ethics and fairness. The AED urges its members to conduct their businesses ethically and compatibly with the free enterprise system and the laws which govern it. Contractors can locate factory authorized construction equipment dealers at the MachineMart® web site.
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