Tax Guru-Ker$tetter Letter
Thursday, December 18, 2003
Vehicles Weighing More Than 6,000 Pounds
I am still receiving a lot of requests for a list of vehicles that weigh more than 6,000 pounds and thus qualify for the very generous $100,000 per year Section 179 expensing election. I did another Google search and found several pages, including the following, with such lists.
Jerry Reynolds Dealerships
Hanson, Bridgett
Meyer & Associates
Wolter & Raak
Briggs & Veselka
Bankrate.com
Detroit News
Kiplinger - Most comprehensive lists.
To dispel another misconception about the Section 179 deduction, it is not only available for corporations. Any business, including Schedule C sole proprietorships, can claim it.
Labels: 179