Vehicle Tax Write-Offs👇🏻

➡️ Giving a bit more clarity to Section 179 of the IRS Tax Code

💳 Essentially, this allows businesses to deduct the full purchase price of certain equipment and vehicles purchased before December 31st of a given tax year.

🚨Generally speaking, the Section 179 tax deduction applies to passenger vehicles, heavy SUVs, trucks, and vans used at least 50% of the time for business-related purposes.

Truthfully, there is a lot of nuance involved, so I recommend speaking to a Tax Professional to see what you’re eligible for, and what makes most sense with your current tax strategy!

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