Iowa Sales Tax: Extended warranty

[Author: Tom Junge, 01.2016 | Keywords: Iowa Field Notes, Extended Warranty] With the influx of extended warranty sales by dealers (John Deere PowerGard, Case Protection Plan, New Holland Purchased Protection Plans and AGCO Protection) and the number of calls I have received from dealers since this topic was mentioned in the November Retailer, I felt...…

Remembering “the 80s”

[Author: Tom Junge, 03.2016 | Keywords: Iowa Field Notes, The 80s] Most dealers agree that ag conditions today are not the same as they were in the 1980s due to lower interest rates and lower farm debt. However, dealers continue to debate whether or not the farmerís need to own equipment has been satisfied today more...…

Five Takeaways from the Iowa Power Farming Show Online Survey

[Author: Tom Junge, 03.2017 | Keywords: Iowa Field Director, Iowa Power Farming Show, Surveys] When farmers registered online for the 2017 Iowa Power Farming Show, they completed a survey about their internet and social media use, future purchases and planting intentions. In the end, 1,686 farmers participated in the survey. Hereís a brief look at...…

Election Results in Nebraska

[Author: Mark Othmer, 11.2016 | Keywords: Nebraska Field Notes, Election] Another election season has finally concluded and I think it is safe to say that everyone is elated that itís over. As I traveled across Nebraska, the most common theme I heard was, ìEnough already. Letís get to the voting booth and settle this. We...…

Election Year Thoughts

[Author: Mark Othmer, 07.2016 | Keywords: Nebraska Field Notes, Election] As the summer heat sets in, those involved with Nebraska agriculture often find themselves wishing for rain from Mother Nature and depending on the reliability of the pivot irrigation system. While irrigation in Nebraska is typically as reliable as flipping a light switch, if the...…

Handling Header Trailer & Seed Tender Sales in Nebraska

[Author: Mark Othmer, 09.2016 | Keywords: Nebraska Field Notes, Header Trailer, Seed Tender] One topic that always seems to generate questions from dealers and their customers is, “How does the state of Nebraska view header trailers and seed tenders when considering sales tax, titling, registering and licensing?” Recently, I’ve had several discussions with officials at...…

Header Trailers – The Sales Tax and Licensing Saga Continues

[Author: Mark Othmer, 03.2016 | Keywords: Nebraska Field Notes, Header Trailer] I hope 2016 is shaping up to be a very good year for you and your dealership. I know there will be challenges, as many of you have mentioned during my dealer visits. However, nearly everyone felt that even though there were negatives on...…

Nebraska Legislative Recap

[Author: Mark Othmer, 05.2016 | Keywords: Nebraska Field Notes, Nebraska Legislation] The 104th legislature, 2nd session, of the Nebraska Unicameral came to a close on April 20, 2016. Since this was the 2nd session of the 104th legislature, all bills not acted on or passing final reading (the third round of debate) will die. There...…

Frank Zyback: A man who Revolutionized Agriculture

[Author: Mark Othmer, 01.2016 | Keywords: Nebraska Field Notes, Irrigation] Everyone involved with Nebraska agriculture understands the importance of irrigation and the value it adds to crop production. The following article chronicles the invention, beginning production and manufacturing of the center pivot systems that have become so vital to irrigation in Nebraska. According to one...…

2016: Election Recap

[Author: Will Rogers, 11.2016 | Keywords: Election] As the dust begins to settle on what may go down as one of the most unpredictable elections ever, political pundits and reporters have been busy unpacking and processing the outcome of the Presidential race. And while Donald Trump was elected to be the 45th President of the...…

Safety Stewards

[Author: Will Rogers, 07.2016 | Keywords: Safety] It’s time to ask yourself the following about your dealership: “Are we being proactive about safety? Are we taking the safety of our employees seriously and making it part of our culture?” Recently, I had the opportunity to tour the new Goodwill Industries Headquarters located by the Association office....…

Update: Right to Repair

[Author: Will Rogers, 09.2016 | Keywords: Right to Repair] Over the past several weeks, I have spent dozens of hours touring the state, performing outreach and education to federal and state lawmakers, equipment dealers, agricultural journalists and farmers about our concerns regarding the Right to Repair issue. One of the biggest challenges we face as...…

Iowa Legislative Committee Update

[Author: Will Rogers, 03.2016 | Keywords: Section 179, Sales Tax, Rental Fleet, All-Terrain Vehicles] Since the start of the legislative session, the Iowa-Nebraska Equipment Dealers Association (I-NEDA) has been hard at work attending subcommittee meetings and pushing to move legislation forward that is in the best interests of Iowa dealers. Bills are carefully reviewed by...…

Iowa Legislative Session Concludes

[Author: Dave Adelman, Iowa Legislative Director, 05.2016 | Keywords: Transportation, Infrastructure, All-Terrain, Implements of Husbandry, Autocycle, Tax Coupling, Water Quality] Traditionally with election year sessions, legislators tend to be risk-averse. However, the 2016 session of the Iowa General Assembly had a number of issues affecting Iowans and Iowa small businesses. Most notably discussed were education-funding, tax...…

Federal Laws & Regulations 2016 Changes

[Author: Will Rogers, 01.2016 | Keywords: Section 179, OSHA, Expensing] There was a flurry of last-minute legislative activity during the final months of 2015. Here is a quick look at changes to Federal laws and regulations that will affect our members in 2016. Section 179 In late December, Congress passed, and President Obama signed into...…

What to Know About Fully-Controlled Access Roads

[Author: Will Rogers, Director of Government Affairs, 03.2017 | Keywords: DOT, Fully Controlled Access Roads] In February, an Association member was towing an anhydrous tool bar on Highway 20 in Hancock County when he was stopped by Iowa Department of Transportation’s (I-DOT) Motor Vehicle Enforcement. During the stop, the driver of the vehicle was issued a warning...…

The Problem with Property Taxes

[Author: Mark Othmer, Nebraska Field Director, 03.2017 | Keywords: Nebraska Field Notes, Property Taxes, Taxes] Those of you who have been lucky enough to attend one of our Summer Legislative Meetings have heard me talk about property taxes. Often, I stress the importance of keeping local taxes and state taxes straight and understanding which entity is...…

Governor Signs Bill which provides an Exemption from Registration Fees for Certain New, Completed Motor Vehicles Purchased by an Equipment Dealer for Modification and Resale

[2014 | Keywords: Iowa Legislation, Sales Tax, Registration] BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: Section 1. Section 321.48, Code 2014, is amended by adding the following new subsection: NEW SUBSECTION. 3A. A transferee of a new completed motor vehicle shall obtain a certificate of title for the vehicle but...…

ATV Registration and Sales Tax

[2-15 | Keywords: Iowa Legislation, Sales Tax, ATV] Registration Iowa Code 321I.9 exempts ATVs and OUVs (Off-road Utility Vehicles) used exclusively for agricultural purposes from titling and registration requirements. However, registration may be required by insurance companies and prove useful at a future date when the owner wishes to sell, by assisting with the verification...…

Extended or Optional Warranty

[2013 | Keywords: Sales Tax, Warranty] Q: Would an optional warranty be taxed on a tractor that qualifies for the ag exemption? A: Correct. The optional warranty is a separate sale of tangible personal property. So while the tractor (and replacement parts) used in ag production is exempt, that does not exempt the sale of...…