Tax Tip: Alternative Motor Vehicle Credit

Are you civic minded? If your business fleet includes the Honda Civic GX NGV than you know what I mean. The Civic GX is a dedicated natural-gas vehicle that can go approximately 170 miles before it runs out of fuel, according to the EPA.
The Civic GX engine produces almost no emissions and the amount of smog-forming emissions is near zero making it one of the cleanest-burning internal-combustion vehicles, with EPA Tier-2, Bin-2, and ILEV certification as of May 2007.
And, it qualifies for a great tax credit. This tip, courtesy of b5media’s TaxGirl:
Honda Compressed Natural Gas Vehicle is Certified for the …read more