Monday, June 8, 2015

Propane forklift Operators in the United States are now Eligible for Fuel Tax Credit.

Congress has extended the 50-cents-per-gallon alternative fuel tax credit to forklift operators. This is under the Unemployment Insurance Re-authorization and Job Creation Act. Propane is a popular option for many materials handling businesses and made even more attractive with this new tax credit. The IRS has defined forklifts as off-highway business motor vehicles, and thus eligible for this cost-savings opportunity.




There are some steps each forklift operator will need to take in registering with the IRS before they can realize the tax benefits - such as filing Form 637 to become an Alternative Fueler. Once the forklift driver receives their registration number, they can claim for the credit at the end of the year by filing Form 4136.

Stärke Material Handling Group offers exceptional LPG forklifts with standardized options, excellent warranties and attractive pricing. Find your Stärke dealer in the United States or Canada

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