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Purchasers of certain Kenworth medium-duty hybrid vehicles in the U.S. are eligible for a tax credit of up to $12,000.
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Reimbursement doesn’t work from an HR or safety & liability perspective, is counter-productive to corporate ‘green’ initiatives, can negatively impact the company image, and FAVR reimbursement programs may not be SOX-compliant.
Read More →WASHINGTON – Purchasers of certain large trucks, buses, or other heavy vehicles running on alternative fuel can claim a credit of up $32,000, and purchasers of certain large hybrid trucks and other heavy hybrid vehicles can claim a credit of up to $12,000 if they qualify for the Alternative Motor Vehicle Credit.
Read More →WASHINGTON – Purchasers of certain large trucks, buses, or other heavy vehicles running on alternative fuel can claim a credit of up $32,000, and purchasers of certain large hybrid trucks and other heavy hybrid vehicles can claim a credit of up to $12,000 if they qualify for the Alternative Motor Vehicle Credit.
Read More →While the automotive fleet and leasing industries seem to be enjoying good health in the midst of the resurging economy, a relapse could be in store if the federal government continues to neglect the mounting budget and trade deficits.
Read More →Late last November, with unusual zeal, the IRS proposed that the presence of a terminal rental adjustment clause indicates that the agreement is not a lease, disallowing any investment tax credits on finance leases for business and commercial usage.
Read More →February 10, 1983 may go down as one of the most important days in the history of the fleet industry: on that day, 15 gentlemen representing the concerns of automotive lessors, manufacturers, and dealers spoke in Washington against the proposed IRS regulation regarding terminal rental adjustment clauses.
Read More →There was some good news, some bad news, and a lot of business that fell somewhere in between at the midyear fall meeting of the American Automotive Leasing Association in Chicago.
Read More →Top stories include new reports mandating seat belts.
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