Farrier Industry Report
A newsletter of the Farrier Industry Association - December 2018
A Message from FIA President Dan Bradley...
Season Greetings to all FIA Members!
Needless to say it has been a very interesting year. We must send all our condolences to the people who have been affected by the hurricane’s, floods and tornadoes this year. They have taken a toll on the life and property of so many people. My we all send our prayers and best wishes to all those people and also to our own Jean Weiss whose Father passed away recently.
As we all come to the end of this year. We hope that everyone had a good profitable year and that the percentages are on the rise. As the Equine business changes and the competition for clients remains tougher, our business will must learn to adapt to the changes in the industry. The demographics of our industry has gone from approximately 9 million domestic horses to 6 million. Farriers & hoof trimmers are changing also. The “old” guard is retiring and be it good or bad, traditional methods and equipment are changing. As individuals within our industry we all are going to have to adapt to the “new” generation of people coming into the Equine world.
So what is all this babbling about, well, the American Farrier’s Association is coming in March 2019 and I encourage all the members to attend even if you will not be a vendor at the FIA MarketPlace. This is the largest gathering of Farriers you will be exposed to.
The American Farrier’s Convention in Tulsa has the potential to be larger than our very successful convention in Reno, NV. The work that the convention committee has put into this coming convention is just outstanding. All the work of Jean Weiss and Emily Bull have put into this past year will prove itself in Tulsa.
We will have a business conference that will be good for all to attend, Rob Michaels of Oleo Acres has arranged for an excellent and entertaining speaker who will bring us all into the new area of marketing to the new generation. Be sure to attend. Tulsa is centrally located in our great Country and easy to fly or drive into. Be sure to attend.
May everyone have a wonderful Christmas and a prosperous and safe New Year! Always remember that you can reach myself anytime.
TUESDAY, MARCH 5, 2019
Baxter's Interurban Bar & Grill
2 Complimentary Tickets per Member Company; Guests $30 each
SPECIAL GUEST SPEAKER:
Planning is going strong for the AFA Convention & FIA MarketPlace will be in TULSA, OKLAHOMA, March 4 - 8, 2019!
Exhibitor registration has been going strong! We have a large convention center space for MarketPlace in Tulsa and have been able to add more booth space, so there is plenty of room to add more exhibitors!
Some important new changes during Convention will include:
We can't wait to see you in Tulsa!!
Audrie Salsbury, Chair
The FIA offers six grants per year to members (3 in Spring, 3 in Fall). We have three 2019 spring grants now available! If you are hosting a clinic between January 1 and June 30, 2019, the FIA would like to help!
Click here for grant application.
Thank you to everyone who has renewed for 2019. Your support is greatly appreciated! If you haven't had a chance to renew yet, click here to download a membership form,
Nominations have gone out to all members for Board Nominations. We will elect 2 officer positions and 2 board positions for 2 year terms starting in 2019.
This year elections will be held during the TUESDAY, March 5th Membership Meeting & Business Conference in Tulsa during the AFA Convention. Click here for more details on registering for the complimentary dinner, membership reception and Membership meeting.
Ballots for the election will go out to all FIA members in the first of the year prior to the meeting. Ballots can also be picked up at the membership meeting. Remember, only one vote per member company!
2018 TAX TIPS!
Meals And Entertainment Deduction
Contributing To Your IRA
Establishing A Retirement Plan
Purchasing Equipment/Paying Down Debt
529 Savings Account
Donating To Charity
Pro Forma Your 2018 Taxes
If are close to the itemized deduction threshold ($24,000 for MFJ), consider bunching deductions into one year in order to claim more than the standard deduction. Consider bunching charitable deductions, medical expenses and taxes paid. -Mark O’Donnell, Schmersahl Treloar & Co. PC
-Sandra M. Furuya, Wamhoff Accounting Services
SOURCE: St. Louis Small Business Monthly