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FleetFocus

All things fleet tracking – industry news and best practices


Fleet Tracking Savings for 2012

Posted on 12/22/2011 by Wyn Partington  |  0 Comments

If you are thinking of purchasing a GPS fleet tracking solution in 2012, you need to know about IRS Section 179. You could be eligible to receive tax deductions on equipment and software purchase. IRS Section 179 for 2012 has changed from 2011.

In the new year, you are eligible for:

  • $125,000 in tax deductions on new and used equipment (including software)
  • A bonus deduction of 50% can be taken only after the $125,000 deduction limit has been reached

The one restriction is that your total GPS vehicle tracking purchase cannot exceed $500,000.

Increase your fleet productivity by up to 35% while decreasing overhead costs by as much 20%.

Make 2012 your best year yet.

Safe and happy holiday wishes from the NexTraq team!

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