If you are thinking about shopping QLINK for a new motorcycle or scooter, then you are not only in the market for a reliable, quality product, but you are looking for a good value that won’t hurt your pocket book as well! It is also no surprise that you have done your research; with the most competitive pricing in the marker for vehicles of such quality and reliability and with such great manufacturer’s warranties, QLINK products already fit well within your pocket book’s limit! The government, however, has put an act into play that will ease your financial burden even more!
The “American Recovery and Reinvestment Act of 2009” is a large piece of legislature that deals with helping everyone from individuals to industries as a whole and it was signed into effect on February 17, 2009! This act offers a tax deduction that applies to all of QLINK’s 2-wheeled products purchased in “New” condition between February 17, 2009 and December 31, 2009. To qualify, the bike must weigh less than 8,500 lbs and cost less than $49,500. The income of the purchaser must be under $125,000 annually or under $250,000 for joint filers.
This deduction will come into play when paying your taxes at the end of the 2009 tax year. This covers state, local, or excise tax and you do not need to itemize to receive the benefits. All you will need to do is subtract the amount of tax that you paid on the bike from your Federal Income before paying your Income Tax. For more information or help with this process, make sure you contact the IRS or consult with your Income Tax Preparation Professionals!
QLINK knows that every little bit helps and we can only hope that you take advantage of this fantastic opportunity; Define your own way!
Comments