Great news for our Brammo customers!!
This week, the House and Senate passed, and the President signed, the The Tax Increase Prevention Act. Check out the latest press release from CNBC Here.
Last year, the tax incentive ended on December 31st, not allowing those that purchased an electric motorcycle any tax break. Well, they have finally passed the bill to extend that tax incentive ONLY UNTIL DECEMBER 31st, 2014 to allow money back into e-moto purchasers pocket! YAHOOO!! So if you were deliberating on purchasing an electric motorcycle, now could be the most perfect time to do so before the year is out.
In regards to our fellow customers as of this last year, if you bought a Brammo or Stealth Bomber from us in 2014, you are able to get a tax credit up to 10% of what you paid, less state tax. All you simply have to do is file your 8834 form, even though the form has not been finalized, and you will get a refund equal to 10% of the purchase price or else application of it towards any tax due. You will simply have to wait until the form is ready so don't file your taxes early!
Want to buy one? You only have until the end of the 2014 to get it at the best possible price that the Brammo models will EVER be sold at, as well as getting a tax break. This is fast-acting 12 day legislation.