CED

April 2013

Issue link: http://read.dmtmag.com/i/117833

Contents of this Issue

Navigation

Page 9 of 59

Inside AED 2013 Tax Law is Full of Potholes for Rental Dealers AED���s CFO Conference experts smooth your path to profitability. AED Rental/CFO Conference - May 2-3, 2013 DoubleTree by Hilton Hotel Chicago - Oak Brook Registration: $895 members $1,295 nonmembers Day 1 8 a.m. - 5 p.m. The Importance of Rental Metrics and Industry Reporting How Rental Adds to Dealership Value n Making the Most of 2013 Tax Opportunities n Dual Use & How It Relates to You n Major State and Local Tax Issues n How to Use Technology to Manage Your Rental Operation n How to Manage Rental Cost with Extended Warranty n Rental Industry Growth & Outlook: Secrets Found in the 10-K n Healthcare Reform: What It Means and How to Prepare Your Organization n n Day 2 8 a.m. - Noon n n Economy and State of the Industry Rental Department Operations, Including Compensation Midwest potholes are small in comparison to the potholes facing AED dealers with growing rental income. At the same time construction equipment rental is hitting record levels, new tax laws threaten dealer cash flow and tax liability. Are you prepared to deal with passive loss issues that could potentially add a 3.8 percent tax to your rental income? Are you prepared for the gain on the sale of rental machines to be 100 percent taxable? Are you prepared for how rental income will be added to your flow-through entity? No worries. AED has the experts on the case. At AED���s CFO Conference they will prepare you to handle the critical issues presented by rental income growth in 2013. Steve Pierson, owner, Seldon Fox, and Ron Hodgeman, tax partner, WTP Advisors, take on federal tax questions and explore what dual use machinery means for dealers. Jim Margner, president, Tax Advisory Services, examines major state and local tax issues. Case studies provide examples to work out your own tax scenarios. ���This year we are going to really zero in on the details,��� said Garry Bartecki, AED staff vice president, Finance and Administration. ���C-level executives have to know how rental finances work because small errors can have a significant effect on cash flows.��� Also on the agenda is perennial favorite, Market Analyst Eli Lustgarten of Longbow Research, who will provide a forecast for the construction equipment industry, including rental. Supplementing his content will be an analysis of the rental industry based on 10K reports of publicly held rental firms, presented by Joe Box, Joe Box KeyBanc Capital Markets. Shriram Rajagopal of e-Emphasys provides a hands-on look at how technology can help dealers manage the rental business, while Kevin O���Brien from EPG shows dealers how extended warranty works to manage rental cost. Growth in rental is one of the most important trends in the construction equipment distribution business for 2013. Only solid financial preparation will keep dealers out of the potholes. ���The cost to attend the CFO Conference is small compared to the amount of time and money you will save by having the right financial and tax strategy in place,��� said Bartecki. ���AED���s CFO Conference is education you can���t get anywhere else.��� To register, visit www.aednet.org/events or call Pat Novak at (800) 388-0650, ext. 347. Proposed New Members Telsmith, Inc. Mequon, Wis. Dispatching Solutions, Inc. Upland, Calif. This list is published each month as required by AED bylaws. Comments on the applicants should be directed to AED President Toby Mack at 800-388-0650 ext. 326 or jtm@aednet.org. 8 | www.cedmag.com | Construction Equipment Distribution | April 2013 8_inside AED_KP.indd 8 3/25/13 12:35 PM

Articles in this issue

Links on this page

Archives of this issue

view archives of CED - April 2013