Thursday, December 15, 2016

Section 179 and Commercial Vehicles

Let the tax code work as hard for you as our trucks and vans do. At Melloy Dodge, you can find commercial trucks and vans that are designed to fit all of your business’s needs. If you run a business that frequently requires you to haul equipment with the aid of a truck or a van, you could qualify for a Section 179 Tax Deduction.  

What is Section 179?

Section 179 is a tax provision that allows business owners to deduct the full purchase price of qualifying equipment, instead of capitalizing and depreciating the asset incrementally over time.

How Can it Help Your Business?

Taking advantage of this tax provision can make a difference in your bottom line. Necessary equipment, likes vans and trucks, that may have previously been too expensive, is now within reach for your business. You can substantially lower the amount of money you spend on essential assets for your company.

MD Fleet Program

Melloy Dodge carries competitively priced commercial vehicles that are ready and able to handle anything the work day throws at them. From the RAM 1500 Tradesman, to the RAM Promaster Van, Melloy Dodge has everything your business needs to get the job done. Remember to always contact your CPA or tax adviser before making any large purchases for your business.

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