Tax Break for Business Owners

 

THE DETAILS:

Now is the time to purchase the additional vehicle(s) needed for your business. Current tax regulations may allow you to expense up to 100% of your truck purchase(s) during the first year of ownership.

  Over 60 Upfitted Commercial Vehicles on the ground ready to work for you!

THE FINE PRINT:

A taxpayer may elect to treat the cost of any Section 179 property as an expense and it's allowed as a deduction for the taxable year in which the property is placed in service. A qualifying business may expense up to $500,000 of Section 179 property during 2017.*

*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. A negotiable dealer documentary service fee of up to $150 may be added to the sale price or capitalized cost. Plus tax, title, license. See Dealer for complete details. 

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