The U.S. Internal Revenue Service has issued its final and proposed regulations that clarify bonus depreciation and interest expense for dealerships with floorplan financing, according to the Equipment Dealers Assn., and it may be the best news farm equipment retailers have gotten in some time.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.