Friday, February 1, 2013

PQIA Warns Consumers of Harmful Lubricants

The Petroleum Quality Institute of America (PQIA) has recently issued a number of consumer warnings regarding low-cost lubricants on the market that could damage engines and transmissions. PQIA issued an alert in January for Super XXX and Liberty Gold Plus SMO motor oils; an alert in December for Super Star, Royal Star, City Star and Royal lubricants; and an alert in November for City Star and Everclear automatic transmission fluids. Among the problems cited with the lubricants are very low viscosities, lack of additives and high silicon levels.

Sales Tax Resale and Exemption Certificate Updates

AMSOIL INC. is moving toward electronic collection of sales tax resale and exemption certificates, and will soon be requesting updated information from Dealers and accounts with resale certificates on file with AMSOIL.

All Dealers and accounts with resale certificates and valid email addresses on file will receive an email from AMSOIL notifying them in advance of a forthcoming email request from to update their resale certificates. Instructions will be included. The email from will follow soon after, and it will include a link specific to the certificate holder. The update takes less than five minutes to complete, and the Avatax wizard will guide Dealers and accounts through the steps. Dealers and accounts will have 45 days to update their resale certificate information, and email reminders will be sent automatically during this period.

Over the next several months, AMSOIL will be requesting updated information on a state-by-state basis. In the month of February, AMSOIL will be requesting Dealers and accounts with resale certificates on file with AMSOIL for the states of Alabama, Arkansas and Arizona to update their records. This impacts all customers with resale certificates on file with AMSOIL as of December 31, 2012.

For Dealers and accounts without valid email addresses on file, AMSOIL will request the updated information by mail.

Tax Information for U.S. and Canadian Dealers

Commissions are considered income and are reported on form 1099 Misc (U.S.) and form T4A (Canada).

The 1099 and T4A forms only reflect commissions paid during the calendar year; they do not include any deductions or credits from Dealer checks.

Dealers only receive a form if their commission checks totaled more than $600 in 2012 for U.S. Dealers and more than $500 for Canadian Dealers. Note that T4A forms are issued in Canadian funds.

Dealers’ 1099 and T4A income is determined by the dates of the commission checks issued between January 1 and December 31, 2012. This is essentially December 2011 through November 2012 commissions.

AMSOIL mailed all 1099 forms by January 31, 2013, and will mail T4A forms by no later than February 28, 2013. Please allow at least two weeks delivery time before calling for a replacement form.

AMSOIL is not qualified to provide, and does not offer, any tax advice. Please consult a tax advisor.

Dealers suspecting an error on their 1099 or T4A forms are advised to gather their check stubs and call the accounting department at 715-399-6348.

If a Dealer who sold his or her business to another Dealer, or took over for someone else, receives a 1099 form made out to him or her, he or she is advised to gather all documentation regarding the date the change took place. Fax documentation to AMSOIL at 715-399-6618 or email to [email protected].

Account Services Contact Information
Fax: (715) 395-5332
Direct Phone Line: (715) 399-6348

Attend the AMSOIL 40th Anniversary Convention July 18-20

Join AMSOIL in celebrating the 40th Anniversary of the Dealer network July 18-20, 2013 in Duluth, Minn. In conjunction with the convention AMSOIL is also offering an abbreviated AMSOIL University (AU), featuring the Core Technology curriculum, July 16-18.

For each new customer registered and qualified through March 31, Dealers are eligible for cash, products and giveaways, including the following:

• A free vehicle graphics package
• 10 packages for three nights* of free lodging at Holiday Inn (Dealers only).
• Five packages for four nights* of free lodging at Holiday Inn (DJs only).
• Five free Convention registrations (Dealers only).
• Three AU scholarships that include free Convention registrations. Must be registered for both AU and Convention (Dealers only).

*extend to five nights if also registered for AU

All attending Dealers will receive a 10% rebate on orders up to $50,000 during the Convention.

Dealers who drive vehicles with the new vehicle graphics to the Convention will receive free premium parking.

Register through March 31, 2013:
$139 Convention
$278 Convention and Core Training

Register April 1 until the Convention:
$149 Convention
$298 Convention and Core Training

Register by calling 1-800-777-7094 or visit the Dealer Zone (Training > Corporate Events > Anniversary Convention).

Space is limited for the modified Core Technology training, so register early.

Credit cards will be billed at the time of registration. Cancellations without penalty will be accepted up to 30 days in advance of the Convention, June 15. Cancellations between June 15 and July 15 will be subject to a 20 percent fee. The same applies for cancellations for the Core Technology training. No refunds will be offered for cancellations after July 15, 2013. Special consideration will be given.

AMSOIL Wings of Passage

Information may be submitted for the AMSOIL Wings of Passage by clicking here or mail to:

Wings of Passage
AMSOIL Building
925 Tower Ave
Superior, WI 54880