Good news for any business owner thinking of buying a new or used coach! Many of the tax credits and incentives included in the bipartisan PATH Act (Protecting Americans from Tax Hikes) signed into law last December remain in effect through the end of this year – including generous Section 179 deductions covering depreciable assets such as motorcoaches.
Under the terms of the law, those deductions can total well over $1 million on the purchase of a new Liberty, or up to $500,000 on a pre-owned coach. But in order to receive the full benefit of the bonus depreciation break that will be phased down beginning next year, you must purchase your coach by 12/31/2016.
If that sounds interesting, we urge you to download our 2016 Tax Benefits Document for full details. Then call Frank Konigseder at 800-554-9877 to find out more, or complete the form and he’ll be in touch with you at your convenience.
Purchase by December 31, 2016 to maximize your tax benefits!