Take Advantage of IRS Code Section 168(k) and Save on Commercial Vehicle Purchases at Our Dealership
If you're thinking about buying new commercial vehicles to strengthen your fleet here at our dealership, you could score incredible savings when you take advantage of IRS Code Section 168(k). Should you spring on this unique opportunity, you could add spectacular, reliable new vehicles to your company fleet and deduct the cost during the first year of ownership. So, if you're eager to discover more about how you could get the most out of your commercial vehicle purchase here at our dealership, we encourage you to get in touch with your tax professional to find out more about how you could reap the benefits.
What is IRS Code Section 168(k)?
Under this tax code, businesses have the potential to deduct the cost of certain commercial vehicles when they invest in new equipment. When you purchase a qualifying vehicle, you could write off the cost as a deduction for the same taxable year in which you purchased the vehicle. So, you could give your company fleet the power it needs and enjoy some phenomenal savings while you're at it. Contact your tax professional for more information.