Tax Advantages And Saving You Money......
You might be thinking of updating your hearse in order to take advantage of tax savings if you will likely have income that you must report on your books, and taxes that you must pay.
There are better ways to take advantage of tax savings for a hearse, and better ways to utilize your hard earned income. The tax savings on the hearse purchase might not be what you think.
Your tax savings equals only one third of the total you spend on buying a new hearse! For every thousand you spend on purchasing a hearse, you are only saving $333 on your taxes, and wasting $667 of your money to realize those savings. You are wasting $2 for every $1 of tax savings. We don't think you should waste two dollars just to save one.
The Saether Livery Service can provide you with a late model hearse that looks like new, with a trained driver who will help you the entire time we are working for you. Our drivers expect to work & help you, not sit in the coach. The entire expense of our rental fee is deductible throughout each year, rather than just the one-third that you can deduct on purchasing a hearse once every two to ten years. You are also only paying for the hearse when you need it, not investing your money into a vehicle that will quickly loose value, and frequently sit in the garage unused, especially with the increases in cremation.
Ask your accountant, and let them know that you have an alternative available to purchasing a new hearse. Let them know you could use our livery service and fully deduct that expense throughout each year. Spend your money in other areas that you do not have alternatives to, like purchasing other new vehicles for yourself, your business or your staff, purchasing other equipment that you need to upgrade, or improvements and repairs to your facility.
Also consider the many other advantages of using a livery service over owning your own coach, or owning the second or third coach for your larger firm: No cash outlay for the purchase or interest expense for financing; no fast loss in value of a purchased coach; freeing up storage space; having a late-model, cosmetically beautiful coach; no gas to purchase; no oil changes; no insurance; no washing; no repairs including tires, mufflers and brakes, which often have to be replaced on vehicles that sit in a garage a lot; no license plate/registration renewal fees; and an additional trained funeral helper to assist you on your funeral service, allowing you to reduce your personnel costs or have additional help.
We can help you sell your current older coach if you begin working with us.