In order to sell an otherwise taxable truck under Internal Revenue Code (IRC) 4051 as a tax-free sale for resale, do either I or the purchaser need to be registered with Internal Revenue Service (IRS)?
Work Truck Solutions released its Q3 2025 Commercial Vehicle Market Analysis, revealing a market in transition. Movement (sales), pricing trends, and Days-to-Turn (DTT) metrics suggest a recalibration phase as inventory...
Member companies contact NTEA regularly to ensure they are properly applying Federal Excise Tax (FET). Not applying FET when applicable or applying FET to a sale when not applicable can significantly affect your bottom...
Companies with vehicle certification responsibilities are familiar with chassis gross vehicle weight rating (GVWR) and gross axle weight ratings (GAWRs), and their importance in the labeling portion of the certification...
NTEA is a recognized leader in providing relevant and valuable industry statistics and interpretation of market data and trends affecting the work truck industry. The Association’s comprehensive compilation and...
We sell our taxable bodies at retail. Sometimes a customer orders a body from us, and then we arrange (with the customer’s consent) for the body manufacturer to ship the body directly to the customer. When this occurs...
Most of us probably know the basics of workers’ compensation (comp). The concept is that when employees are injured in the course of their work, they will be taken care of regardless of who is or isn’t at fault. The...
Terex Utilities announced new investments to ramp up its equipment installation capacity to keep pace with growing demand. The investment includes the addition of a 60,000-square-foot installation facility in Waukesha...