In recent years, tax laws were revised to benefit businesses large and small, which means companies of every size have an opportunity to save. Under current tax depreciation laws, your business may be eligible to immediately deduct up to 100% of the purchase price of an unlimited number of qualifying new vehicles purchased in 2022 for business use.
Federal tax depreciation deductions are only available for vehicles used in a trade or business, and are subject to change without notice. This advertisement is for informational purposes only, and should not be construed as tax advice, or as a promise of the availability or amount of any potential tax benefit or reduced tax liability.
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