Do you need to add to your fleet? Don't miss the Year End Tax Advantages!
Now is great time to head to Borcherding Buick GMC and take advantage of outstanding holiday deals on the select trucks you want to add to your fleet. Be sure to make the most of any available incentives that could help save you money during the holidays.
Now when you purchase qualifying GM vehicles for your business before 12/31/12, you could earn a tax deduction of up
to $139,000. Plus you can stack other available incentives to really increase your savings.
Now when you purchase qualifying GM vehicles for your business before 12/31/12, you could earn a tax deduction of up
to $139,000. Plus you can stack other available incentives to really increase your savings.
Many more special incentives! Contact Borcherding Buick GMC now!
1
The tax incentives are available for depreciable tangible property which is acquired by purchase for use in the active conduct of a trade or business. Additional limitation based
on purchases—for the 2012 tax year, the aggregate deduction of $139,000 under Internal Revenue code Section 179 is most beneficial to small businesses that place in service
no more than $560,000 of “Section 179 property” during the year. Certain vehicles, models and restrictions apply. Consult your tax professional for details.
2
Each individual’s tax situation is unique; therefore, please consult your tax professional to confirm vehicle depreciation deduction and tax benefits. For more details, visit
www.irs.gov, or to calculate your bonus depreciation, visit www.depreciationbonus.org.
3
For vehicles that qualify as passenger automobiles under the Internal Revenue Code, there is a $11,160 per vehicle depreciation deduction cap.
4
For vehicles that qualify as passenger automobiles under the Internal Revenue Code that are trucks or vans, there is a $11,360 per vehicle depreciation deduction cap.
5
For vehicles that qualify as sport utility vehicles under the Internal Revenue Code, there is a $25,000 per vehicle depreciation deduction cap.