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Companies purchasing GPS fleet management equipment prior to December 31, 2009 may qualify for a tax deduction that can save them up to 35% on their purchase.
San Diego, CA (PRWEB) November 13, 2009 -- The IRS has extended the accelerated depreciation benefit for business equipment purchases through the end of 2009. Companies can write off 100% of their equipment purchases if the equipment is purchased and placed into service by December 31, 2009 and is less than $250,000. Many purchasers of the FieldLogix Smart Workforce Management system have taken advantage of this deduction which has resulted in savings of up to 35% on their purchase.
FieldLogix is an evolution of GPS fleet tracking systems and also has the potential to save companies up to $5,484 per employee in labor costs each year. It also has the potential to reduce fuel costs by nearly 13% as detailed in a 2008 Motorola research study.
In addition to these savings, FieldLogix has helped numerous companies reduce their monthly expenses for pre-existing GPS tracking systems by up to 30% due to its lower monthly cost. These companies have upgraded to FieldLogix, which offers a much more advanced set of features and a lower monthly cost.
Financed equipment may qualify for this deduction and there are many promotional financing options available for FieldLogix.
About Field Technologies:
Field Technologies is the pioneer in Smart Workforce Management solutions for fleets throughout the US and internationally. Since 2002, the company has focused on working with best-in-class technologies and works with technology partners such as Google, Garmin International, and Microsoft. It has recently ranked among the top 100 Fastest Growing Companies in San Diego by the San Diego Business Journal. Go to www.fieldtechnologies.com to learn more about FieldLogix and promotional offers.
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Read the full story at http://www.prweb.com/releases/2009/11/prweb3203224.htm.
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