Section 179 allows businesses to expense up to $500,000 in certain capital expenditures in the tax year 2017, including medium-duty trucks like Hino and Fuso. Section 179 can provide significant tax relief for this 2017 tax year, but equipment and software must be financed and in place by midnight December 31, 2017....
Section 179 allows businesses to expense up to $500,000 in certain capital expenditures in the tax year 2017, including medium-duty trucks like Hino and Fuso. Section 179 can provide significant tax relief for this 2017 tax year, but equipment and software must be financed and in place by midnight December 31, 2017....
Take Advantage of Your Equipment Deductions Section 179 Depreciation for 2016 is $500,000! Section 179 allows businesses to deduct the cost of certain equipment purchases, such as a new Hino trucks and/or Fuso trucks, as an expense rather than capitalizing and depreciating those purchases. Additionally, bonus depreciation may be available. The math is simple: One brand new 2017 Hino 268 at the purchase...
Congress has passed an increase to the expense limit of equipment from $25,000 to $500,000 for Section 179. This limit remains for 2015 alone, giving truck and equipment owners only a few weeks to speak to their accountants and take advantage of this amazing news! A business can now deduct the full purchase price off qualifying...
NEWS RELEASE For immediate release Reminder from H.K Truck Center: Section 179 Allows Truck Buyers to Expense up to $25,000 on All Work Truck Purchases in 2014! South Plainfield, New Jersey — H.K. Truck Center advises that the U.S. Internal Revenue Code, Section 179 (commonly referred to as IRC-179) allows businesses to expense up to $25,000 in tax year...
