Monday, June 23, 2014

Fleet Incentives

Congress has passed Section 179 to be extended into 2014 and it does not face much opposition as the law moves to the Senate. Section 179 is designed specifically for small businesses and it allows owners to expense the first $500,000 spent on equipment used in "active conduct of trade or business." (Purchases above $2 million will reduce the expensive allowance dollar-for-dollar).

This is great news for small construction, electrician, plumbing, and other technical businesses. Section 179 tax incentives can be expended on equipment such as truck bodies for these trades. Businesses may find these incentives especially attractive for fleet use. Section 179 can be applied to pickup trucks and utility bodies such as the Load'N'Go by Fleetwest Transferable Truck Bodies. Load'N'Go Slip-on Bodies can be customized for different industries with options such as hydraulic drop-down ladder racks, an 1000 lb capacity pull-out parts drawer, and 100% extension dual-action slide.

Call your Fleetwest representative toll-free at 866-497-7200 for more information or visit Fleetwest.net to get a Load'N'Go quote.

Work Truck Utility Body
Load'N'Go Utility Body


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