Items Tagged with 'Lance Formwalt'

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Out-of-State Sales Tax Laws are Evolving: How to be Ready

With the success of South Dakota vs. Wayfair and the widespread introduction of economic nexus taxes, dealers making any sales to customers out-of-state must be mindful of new sales tax laws and procedures to pass audits.
The ag market is rapidly changing and laws are having a difficult time keeping up. Two evolving factors greatly impacting dealerships’ customer bases today are consolidation and the internet.
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PFD Summit: Developing Privacy Policies to Protect Customer Data

Solid privacy policies can ease tensions between dealers and their customers relating to data management and protect dealers from potential liability cases.
Alongside the benefits of evolving technology and increasingly in-depth data collection, come increased risks that can create tension between dealers and their customers. To allay potential customer concerns, dealers and manufacturers must answer these questions: Who owns the data? Who can access it today and in the future?
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