Bonus Depreciation is about to Expire - It's Time to Buy an RV, Bus or Limousine!!

There is NO better time to Buy an RV, Bus or Limousine than NOW! 100% Bonus Depreciation is set to expire 12/31/2011

Swift, decisive strategic moves are the hallmark of businesses that are poised for success. These are the companies that are not content to wait out the economy and are taking advantage of growth opportunities where they find them.

For businesses that need to get key players face-to-face and on-site with clients, customers and prospects, adding a high-performance Shuttle Bus, Executive Coach, or Limousine or Limobus is the kind of tool forward thinking business owners can put to their advantage.

While the advantages of limousine and bus ownership are not new, there is a new tax law, signed last December, which brings new benefits to light. This tax law, set to expire at years-end provides incentives for business owners to purchase and take delivery of new business vehicles in calendar year 2011.

THE CASE FOR BUSINESS USE LIMOUSINE AND BUS OWNERSHIP The success of most small to medium businesses often relies on the direct impact of only a few key people. These crucial players are the drivers of everything from service and product innovation to customer development and retention. In other words they are the heart and soul of business. Their time-place mobility is critical to the efficiency, the effectiveness and the growth of the company. Another characteristic of many of these companies is that they conduct a great deal of their business regionally.

TAX ADVANTAGES OF LIMOUSINE AND BUS OWNERSHIP In addition to operational benefits, by integrating a new limo or bus into your existing fleet, you can generate tremendous tax savings by substantially deducting all the operational expenses. Plus, temporary changes to the depreciation schedule allows for accelerated 100% deductibility of the purchase price of a limousine or bus in 2011. The inter-relation and operation of the Internal Revenue Code, state sales and use tax laws and your specific ownership structure will impact your ability to utilize bonus depreciation on your vehicles. These should be reviewed with a knowledgeable advisor.

100% DEDUCTIBILITY ON PURCHASES OF 2011 OR 2012 VEHICLES H.R. 4853, Signed into effect in December 2010 allows 100% bonus depreciation for new business vehicles purchased and placed into service by December 31, 2011. A new business limo that is purchased and placed into service by December 31, 2011 is very likely to qualify for 100% bonus depreciation.

Bonus depreciation is reduced to 50% for new business for 2012 purchases so there are significant cash preservation benefits to taking action now. Bonus depreciation is simply a form of accelerated depreciation. Most experts agree that the accelerated 100% depreciation is not going to be renewed. In fact, this opportunity may never be seen again. That makes urgent action even more critical!

THE TIME TO START YOUR PLANNING IS NOW If your business is reporting taxable income and you have a need for a new limo or bus completing a purchase of a new Krystal vehicle will result in immediate income tax savings.