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Old 03-09-2010, 12:23 PM   #1
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179 Deduction for SMB?

I'm a video producer, and often go on remote location shoots. Requires lots of equipment and the need to be out for days. I'm thinking of buying a 4x4 SMB and wondering if anyone has used the 179 deduction for a business vehicle purchase?

See: http://www.section179.org/section_179_v ... tions.html

Obviously an SMB meets the weight requirements. Anyone have any experience/insight?

TIA
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Old 03-09-2010, 05:21 PM   #2
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Re: 179 Deduction for SMB?

For me it was 25k for the first taxable year of ownership. New or used!

$$$$$$$$$$$$$$$$But I would talk to your accountant$$$$$$$$$$$$$$$$

Ron
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