New Trucks for Sale at C&M Motors – Don’t miss your 2016 tax deduction!

tax-deductions-new-trucks-for-saleWhen your business buys certain type of equipment, the typical write off is a depreciation over several years. For example, if your company spends $150,000 on a machine, it may mean you get to write off perhaps $30,000 per year for five years. While this is beneficial, imagine if you could write off the entire purchase price in the year you spend the money! That would be EVEN BETTER!

That is the premise behind the Section 179 tax incentive. The purpose is to stimulate the American economy to move in a positive direction, to motivate businesses to invest in themselves. For most small businesses, the entire cost can be written off in one year.

If you are interested in purchasing a new truck, now is the time. The Section 179 tax incentive requires you to complete your purchase and put your new truck in service by December 31, 2016. Talk to your accountant to be sure you qualify, look at the new trucks for sale at C&M Motors, then give us a call to get your new truck purchase underway.

There is no better time than now for a New Truck from C&M Motors

At C&M Motors, we’re here to help you get that great 2016 tax incentive. Contact us today to pick out the right new truck for sale to add to your fleet. We will get you on the road to great savings!

Happy Holidays from

 C&M Motors – San Diego’s premiere Hino dealership!

www.cmmotorsinc.com

(800) 736-3443

Commercial Truck Sales Incentives – Hurry, offer ends December 31, 2016!

tax-incentives-commercial-truck-sales-incentives

Tax Code 179 is back and this is great news for small businesses!

What is Tax Code 179?

Tax Code 179 is Section 179 of the IRS tax code which allows businesses to deduct the purchase price of qualifying equipment purchased or financed during the tax year. That means that if you finance/purchase a commercial truck, you can deduct the cost from your business income for the 2016 tax year. It’s an incentive created by the U.S. government to encourage businesses to buy equipment and invest in themselves.

This 100% deduction is good on all Hino trucks up to $500,000. The equipment must be financed/purchased and put into service by December 31st 2016.

Contact us for more information.

Is this Commercial Truck Sale Incentive good for you?

Section 179 is one of the few tax incentives that target small businesses. Although large businesses also benefit from Section 179 or Bonus Depreciation, the original goal of this legislation was much needed tax relief for small businesses – and millions of small businesses are actually taking action and getting real benefits.

Ask your accountant if this program is beneficial for your business, then contact C&M Motors to get your commercial truck sale completed this calendar year to qualify!

 

Happy Holidays from

C&M Motors – San Diego’s premiere Hino dealership!

www.cmmotorsinc.com

(800) 736-3443

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