So if you just need a company car to drive to sales calls or something, then you’re better off getting some 8-seater SUV than a sedan? I would understand if it were for contractors or farmers to ensure that they weren’t trying to write off a Corvette as a business expense, but having that be universal is just dumb.
https://www.crestcapital.com/section-179-deduction-vehicle-list-over-6000-lbs
Just has to be used for 50% business use. Also this is n expense offsetting revenue, not a tax credit
So if you just need a company car to drive to sales calls or something, then you’re better off getting some 8-seater SUV than a sedan? I would understand if it were for contractors or farmers to ensure that they weren’t trying to write off a Corvette as a business expense, but having that be universal is just dumb.
It’s why you see so many Mercedes G wagons. They just hit the 6,000 gross weight mark