Wednesday, November 19, 2014

Tax Time is Coming!


It's nearly the end of the year and amid all of the activity of your business you're probably starting to look at your tax liability for 2014. Of course, you'd like that liability to be as small as possible, and there is a great way that Edenton Motors can assist with that!

 

The IRS has allowable deductions of up to $25,000 dollars for the acquisition of vehicles purchased for use in your business. Perhaps you need to replace an aging vehicle in your fleet, or you need to add a vehicle to expand your fleet. In either case you can take advantage of this deduction by purchasing your vehicle/s prior to December 31st. 




Among the allowable vehicles are the Silverado; Chevy Express; Tahoe; and Traverse. For a complete listing see HTTP://chevrolet.com/tax I'm sure you'll want to maximize the value you can get by combining this deduction with GM's Business Choice Program - you can learn more about this program at  http://www.gmfleet.com/2015-business-choice-offers.html?cmp=Lowes_Referral  - (just copy and paste in your browser)

So here's hoping that you've had a successful year, and that you can take advantage of this tax deduction to have a successful 2015!