IRS Section 179: Write off 100% of Your GPS Tracking Equipment Purchase

Don't forget to take advantage of IRS Section 179 by purchasing your GPS tracking equipment before the end of the year!

IRS Section 179 Allows You to Write off 100% of Your GPS Tracking Equipment Purchase

Don’t forget to take advantage of IRS Section 179 by purchasing your GPS tracking equipment before the end of the year!

Thanks to the extension and increased deductions with IRSSection 179, businesses can write off up to $500,000 for equipment purchased during 2011.

Now may be the perfect time to invest in a GPS fleet management solution since the federal government will essentially pay for a large portion of it.

Here is a summary of the benefits of Section 179:

– Write off 100% of equipment purchases up to $500,000

– Receive 100% bonus depreciation for purchases above $500,000 up to a maximum of $2,000,000

– The deduction reduces the equipment cost by 35%

Global Resource Group helps companies throughout the US reduce many management headaches. Our solutions show companies what their field employees are doing and holds them accountable. By doing so, it removes a number of administrative headaches and allows owners, managers, and dispatchers to use their time more effectively.

Aside from these wonderful benefits from GRG, did you know that Geotab’s fleet management system can help you lower your insurance rates? Insurance premiums can increase as a result of accidents, speeding tickets, and other unexpected incidents. Start saving even more when you increase the overall safety of your drivers with Geotab’s GPS fleet management solutions.

Every industry has unique needs and responsibilities, and GRG recognizes there is no “one size fits all” solution. GRG has spent over a decade working with customers from dozens of industries to help them get the most out of their GPS Fleet Vehicle Tracking Systems. We’ve collected hundreds of cost saving strategies and industry best practices to ensure we can do the same for you. With GRG’s proven strategies, GPS Fleet Tracking Cost Savings and ROI has never been easier. Learn how GRG can help maximize your return on investment.

For more information, you can contact us through https://www.grggps.com/contact-us.