Search Help

Enter one of more keywords to search. Use quotes for “exact phrase.” Note that '*' and '?' wildcards are supported.

When your search results appear, you can refine your search further: Sort for only results in which all search terms appear AND/OR sort by chronological order.

Article Date:
April 2013

Word Count:



Maximum First-Year Tax Deduction on a Business Vehicle

If you buy a business vehicle today, what is the maximum tax deduction that you can claim for depreciation and Section 179 expensing?


That should be a simple question to which there should be an easy answer.


But that’s not the case.


Lawmakers have spent way too much time on vehicle deductions. How do we know? Because the more time they spend, the more complex they make it.


Enough of the bad news. In this article, you will get a clear understanding of your vehicle’s tax deductions for depreciation and Section 179 expensing.


Big Picture


To illustrate exactly how the law works on your vehicle, we are going to use an $80,000 vehicle. Likely, this ... Log in to view full article.

Already a subscriber?
Email Address

You’ll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter
Not yet a subscriber?
with a money-back guarantee

Powered by Cranium Softworks - CMS, Subscription Mgmt & Web Development