The Best Section 179 Vehicles that May Qualify for a Tax Write Off
The Section 179 Deduction, known colloquially as the “Hummer Loophole,” enables businesses to deduct a portion of the cost of certain qualifying vehicle purchases. This provision allows for the purchase of specific vehicles, including many SUVs weighing over 6,000 pounds, with a claim limit of $28,900 for large SUVs. However, limits are in place to prevent misuse of the deduction. The qualifying vehicles also include… Read More »The Best Section 179 Vehicles that May Qualify for a Tax Write Off