Tax Break for Business Owners – 2020
SHOP NOW FOR THE BEST SELECTION!
For questions about our Work Truck inventory please contact :
Dwayne Lane’s Chrysler Dodge Jeep RAM in Everett, WA (425) 441-3691
Dwayne Lane’s Skagit Ford in Burlington, WA (360) 323-6727
Let the Tax Code work as hard for you as our trucks and vans do!
Customers can expense up to 100% of your New Commercial vehicle purchases on 2020 taxes.
Dwayne Lane’s want to help business owners do what it takes to get the job done. Now, thanks to new tax laws, business owners of every size have the opportunity to immediately deduct up to 100% of the purchase price of an unlimited number of qualifying vehicles purchased in 2020 for business use.
There are some limitations to the expense deduction, including vehicle eligibility. Each individual’s tax situation is unique; therefore, please consult your tax professional to confirm vehicle depreciation deduction and tax benefits. For more details, visit www.irs.gov.