Wednesday, November 20, 2013

Section 179 Tax Breaks - The Nissan NV Qualifies - do you?

Section 179 Tax Breaks mean Big Savings

At this time every year Vacaville Nissan is flooded - not with rain but rather business owners in a mad dash to save tens-of-thousands of dollars on their taxes. The saying "You gotta spend Money to Make Money" definitely applies in this situation and here's how.

First let me start out with saying that I am not a tax consultant. I find the tax code to be vague, generalized and flat out boring. What I do know is that there is a benefit for some companies to purchase Nissan NV Cargo Vans for their company use and that you should consult your accountant or CPA prior to making any purchases.

For most businesses that purchase vehicles for business use that have a Gross Vehicle Weight of over 6,000 lbs. there is the previously stated "huge" tax benefits. The IRS allows businesses to write off large amounts of the purchase price for vehicles that fit the criteria under Section 179 in the tax code. The amount able to be written off varies from company to company but here is a example calculation of what you may be able to write off.

Lets say you buy a Nissan NV Cargo Van from Nissan of Vacaville for $30,000. This calculator can also be found on www.Section179.org


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