Let The Bus Center Help You Take Advantage Of The Section 179 Tax Deduction
- September 28, 2021
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- Posted by Anna Jones
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The 2021 Section 179 Tax Deduction.
In the market for a new or used vehicle for your business? You will want to take advantage of the Section 179 deduction and the Bus Center is here to help! Now through December 31, 2021, eligible business owners can write off up to $1,050,000 for any new or used vehicles purchased, financed or leased, and put into service in 2021. The maximum about of $2,620,000 can be spent on eligible equipment before the available tax deduction is reduced. Contact one of our representatives today and ask about the 100% bonus depreciation that is available for new and used equipment, after the spending cap has been reached. The bonus depreciation is retroactive to September 27, 2017 and good through 2022. Get all the details by clicking here