Thanks to the recently-passed Protecting Americans From Tax Hikes (PATH) Act, bonus depreciation is making a comeback for new equipment purchases. That means for new equipment purchases that are made before the end of the year, bonus depreciation of up to 50% of the asset’s purchase price is allowed in addition to the normal amount. If your business qualifies, the bonus depreciation can help reduce income and reduce your tax liability.
Our inventory of stock lube trucks and generators are ready for quick delivery before the end of the year. Built with durable construction for reliability and top performance in any environment, our lube trucks and generators provide superior service and value. Act before the end of the year to take advantage of this tax benefit for your business – contact our team today.
This tax benefit is only available until the end of 2015. Consult with your tax and accounting advisers to determine if you qualify.