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Hassett Automotive

NEW 2018 TAX GUIDELINES – NOW IS THE TIME TO BUY YOUR WORK TRUCK

by , on
September 22, 2018

GREATER BENEFITS FOR SMALL BUSINESSES

The time has never been better to get a new truck from Hassett Ford! The Section 179 Deduction is now $1,000,000 for 2018. This means businesses can deduct the full cost of equipment from their 2018 taxes, up to $1,000,000, with a “total equipment purchased for the year” threshold of $2,500,000. The deduction is good on new and used vehicles.