There’s No Escaping Fleet and Taxes
In a recently published article, Fleet Financials explores the various tax liabilities that affect fleet operations. The article reveals ways fleet managers can lessen the tax burden for their fleets and companies. Bill Holmes, tax manager for ARI notes, “Generally speaking, the best way to minimize tax liability is to have a regimentedmaintenance program throughout the fleet. It is key to stay on top of preventive maintenance and other small repairs throughout the entire fleet. It is the best way to extend the life of a vehicle and prevent major repairs and the corresponding repair sales tax liability.”
To read the full article, click here.