Cracking the FET nut

Weber, Rick
November 2011
Trailer / Body Builders;Nov2011, Vol. 53 Issue 1, p58
Trade Publication
The article presents the top questions received by LarsonAllen LLP accountants Greg Althardt, Dave Wiggins and Terry Werner during an open forum at the National Trailer Dealers Association's (NTDA) convention held in Palm Beach, Florida on October 5-7, 2011. They explained the issues involving Federal Excise Tax (FET) and Internal Revenue Service (IRS) Code Section 263A. They also identified truck sales that are exempt from FET under code section 4053.


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