Section 179 Deductions

  

THE DETAILS

Now is the time to purchase the additional vehicle(s) needed for your business. 
100% expensing for Federal income Tax Purposes may be available on your next Ram Truck purchase.

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 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.
 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.
 
 
5. Please consult a tax or financial professional to determine your specific tax benefits.
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