Merry Christmas everyone!
Now is a GREAT time for small business owners to buy a vehicle before year end:
The President has signed into law a tax extender for this past year 2014 - this could greatly benefit small business owners that buy a vehicle before the end of 2014.
Opportunity to deduct 50% of the cost of an asset (vehicle used for business) in 2014 with a total limit up to $500,000.
Contact your dealers and let them know!! See link below for more details.
Please have your dealers and customers consult their tax advisors and the IRS for official rules and procedures.http://www.section179.org/
(H.R. 5771: Tax Increase Prevention Act of 2014 (aka Tax Extenders Bill)
Contact me at 702-460-6570 when you're ready to get your year-end shopping done!!!