Taxes & Regulations

Timely information and perspective to help you understand how tax laws and regulatory changes can impact your business and compliance needs

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An Easy Guide to the Section 179 6,000 lb Vehicle Rule

The Section 179 tax deduction gives vehicles under 6,000 pounds that are used for business purposes a deduction cap of $12,400 and $30,500 for vehicles over 6,000 but under 14,000 pounds.* If the 6,000- to 14,000-pound range seems better, you can upgrade a feature like an engine and you may cross the 6,000-pound threshold, allowing… Read more »

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