Understanding Fishing Equipment Federal Excise Tax Obligations

Understanding Fishing Equipment Federal Excise Tax Obligations

On this special edition episode, we’re talking taxes! Specifically, the federal excise tax on fishing equipment, which is paid by manufacturers and importers of fishing tackle and goes into the Sport Fish Restoration and Boating Trust Fund. These funds are then used on projects to create more and better fishing opportunities, like habitat restoration, maintaining fish hatcheries and building boat ramps. ASA recently held a webinar with a couple of experts in excise tax compliance to walk through the nuances of how fishing tackle companies can ensure they are meeting their excise tax obligations. What's provided here is the audio from that webinar. Learn more about the federal excise tax on sportfishing equipment at https://asafishing.org/sportfish-restoration-excise-tax/ For ways to get involved in sportfishing policy, visit: https://asafishing.org

Growing a Sportfishing Business in a Rural Community with Josh Phillips

Josh Phillips, Owner and President of Spawn Fly Fish, joins host Mike Leonard to talk about his background, his experience starting a fly shop in the small town in coastal Washington of Ilwaco, and recently testifying before the Small Business Committee in the US House of Representatives. The hearing focused on the challenges of small business entrepreneurs in rural areas, and Josh provided some insightful testimony on issues that people in more populated areas may take for granted, like broadband access, local banking options and the high cost of essential services. He was also able to make the connection of the importance of sustainable natural resources and fishing businesses like his. Learn more about Spawn Fly Fish at https://spawnflyfish.com , and follow Josh's impressive Instagram page at https://www.instagram.com/fishingjosh/ For ways to get involved in sportfishing policy visit: https://asafishing.org

Shark Conservation and Depredation with Dr. Kesley Banks

Dr. Kesley Banks with the Harte Research Institute at Texas A&M Corpus Christi joins host Mike Leonard to talk about sharks, and specifically shark depredation. Kesley shares insights on the overall state of shark populations in the U.S., what’s contributing to increases in shark depredation and what she and other researchers are doing to better understand the issue. Learn more about shark depredation, and recently introduced federal legislation to help address the challenge at www.asafishing.org/shark-encounters Learn more about the Harte Research Institute at www.harteresearch.org

Momentum Building for Fisheries Legislation in Congress

Podcast host Mike Leonard discusses three bills recently introduced in Congress that impact a wide range of recreational fishing policy issues. First is the Youth Coastal Fishing Program Act, a bill referenced in a recent podcast episode that will help introduce more kids, especially those from disadvantaged backgrounds, to fishing. Next, a bill titled the SHARKED Act that will mitigate the increasing challenge of shark depredation - when a shark eats your catch before you can land it. Finally, Leonard discusses the Protecting Whales, Human Safety and the Economy Act, which would prevent a disastrous new rule from going into effect that would effectively shut down the Atlantic coast to boating for half the year, until technology comes on board that can better help avoid whale strikes. To learn more and to contact your Members of Congress in support of these bills, visit https://asafishing.org/advocacy/keep-america-fishing/

The Importance of Youth Fishing Opportunities with Mike Lum

Mike Lum, Fundraising Coordinator for Captain Rollo’s Kids at Sea program, talks with host Mike Leonard about his work organizing youth fishing trips. The trips are designed to connect youth with no prior fishing experience to the sport. Lum shares stories of the life-changing power of fishing and explains how the program fosters the next generation of anglers. A recently reintroduced bill, the Youth Coastal Fishing Program Act, would ensure that more programs like Captain Rollo’s Kids at Sea receive federal funding. To learn more about the bill visit: https://asafishing.org/youth-fishing-program-act/ [https://asafishing.org/youth-fishing-program-act/] For more information on Captain Rollo’s Kids at Sea program visit: https://captainrollos.org/ [https://captainrollos.org/] For ways to get involved in sportfishing policy visit: https://asafishing.org/ [https://asafishing.org/]