Under the Tax Relief Act, here are the three category elections (examples only) - Paasenger automobiles and vans < 6,000 lbs. GVWR can expense up to $11,060 per vehicle - Vans & Trucks > 6,000 lbs. GVWR up to 100% of vehicle purchase price ! - Trucks > 6,000 GVWR can expense up to $500,000 if electing 100% Bonus Depreciation
*Please visit www.section179.org or contact a tax advisory for complete details on how the 2010 Tax Relief Act applies to your specific business. Not intended to be taken as tax advice nor our interpretation of IRS Tax Codes. Please seek qualified Tax Advisors before acting.
While shoppers are busy visiting malls for Holiday Gifts, it is that time of year again for Small Business Owners to purchase vehicles for their business to take advantage of extraordinary Year-End Tax Savings!
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PAGEBUILDER_TAX_RELIEF_FOR_SMALL_BUSINESS_IN_NJ_DE_AND_PAMt. Ephraim Chrysler Dodge Ram08059