Business Link Tax Benefits

    
 
Section 179
First-Year Expensing 

A Ram truck is generally considered Section 179 property for U.S. Federal Income Tax purposes. This means a taxpayer may elect to treat the cost of any Section 179 property as an expense and allowed as a deduction for the taxable year in which the property is acquired and placed in service. A qualifying business may expense up to $1,000,000 of Section 179 property during 2018.

Consult your tax professional to determine your vehicle depreciation and tax benefits. 



Section 168(K) 
Temporary 100-Percent Expensing

A Ram truck is generally considered qualified property for purposes of section 168(k) for U.S. Federal Income Tax purposes. This means a taxpayer may elect to treat the cost of any qualified property as an expense allowed as a deduction for the taxable year in which the property is acquired and placed in service.

Consult your tax professional to determine your vehicle depreciation and tax benefits.

Contact

Tuttle-Click Chrysler Jeep Dodge Ram Irvine

40 Auto Center Drive
Directions Irvine, CA 92618

  • Sales: (949) 264-3027
  • Service: 949-267-3143
  • Parts: (949) 207-7609

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