2021 SECTION 179 TAX DEDUCTION.
Now through December 31, 2021, eligible business owners can write off up to $1,050,000 when you purchase, finance or lease new or used equipment. A $2,620,000 maximum can be spent on eligible equipment before the available tax deduction is reduced. Also, a 100% bonus depreciation 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.
To compute your potential savings, go to the official Section 179 calculator.
We encourage you to contact your tax advisor concerning the 2021 Section 179 deduction and specific qualification details.
Want to be notified when trucks are added to our inventory? Click here to add your contact info!
Uber Freight Launches for owner operators and small fleets!
With the official launch of Uber Freight, an app that matches trucking companies with loads to haul, Uber is looking to transform the…
Prepared for RoadCheck 2017?
Prepared for RoadCheck? International RoadCheck, in its 30th year, is the largest targeted enforcement program on commercial motor vehicles in the world, with…
14 Things You Need To Know Before ELD’s Become Mandatory
Here is a link you may want to take a look at to answer some questions about the new ELD Mandate. http://www.truckinginfo.com/article/story/2017/03/14-things-you-need-to-know-before-elds-become-mandatory.aspx