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Fleet FAQ? Fleet Management & Leasing

Q. Why would the TCJA have an impact on my fleet decisions today?

A. The act was passed by congress and then signed in by President Trump late last year. As individuals prepare their 2018 tax return the full impact will be felt for the first time. Under the new tax law, the car allowance continues to be taxable, but without the offsetting deduction, resulting in many employees feeling as though they are taking a pay cut.

Expert Bio

Answered by : Tom Coffey

Vice President

With over 30 years of experience Tom is an expert in both the fleet and equipment leasing industry. As a member of senior leadership he provides not only vision for the company, but also helps delivers best-in-class results across all operating areas. Tom is also instrumental in helping to elevate and advance the Merchant Fleet Management brand.

With over 30 years of experience Tom is an expert in both the fleet and equipment leasing industry. As a member of senior leadership he provides not only vision for the company, but also helps delivers best-in-class results across all operating areas. Tom is also instrumental in helping to elevate and advance the Merchant Fleet Management brand.

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Fleet FAQ? Fleet Management & Leasing, Questions?

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