How Much Can Businesses Deduct for Vehicles Placed in Service in 2019?

By |2020-03-04T21:12:46+00:00October 29th, 2019|Categories: Blog|Tags: , , , , , |

Does your business need to add one or more vehicles? If so, the purchases may qualify for tax breaks under current tax law. Here are the details. First-Year Depreciation Breaks The Tax Cuts and Jobs Act (TCJA) allows unlimited 100% first-year bonus depreciation for qualifying new and used assets (including eligible vehicles) that are [...]