Section 179 Tax Deduction for Businesses Near Bend, OR
Small business owners need a vehicle to keep their company up and running. When you visit our Subaru dealership near Bend, we’ll show you how to buy a vehicle for your business and receive a tax credit for it. Buy a Subaru truck, car, or SUV and get a Section 179 tax deduction for your vehicle purchase. Whether you’re looking for a new Subaru Crosstrek, or want to buy a used Subaru Outback nearby, we’ll help you find the perfect vehicle that meets the Section 179 deduction requirements. Reach out to our sales team at Subaru of Bend to find out how to get a tax deduction on your company vehicle.
Section 179 Tax Deduction Requirements
Knowing the Section 179 tax deduction qualifications is the key to making the right car-buying decision. Along with having bought your company’s vehicle by December 31, 2022, you must use it at least 50% of the time to receive a Section 179 deduction. Our local Subaru dealer is here to help you get the facts on a Section 179 deduction. Requirements for the tax deduction are as follows:
- Vehicle must be delivered and put into service by 12/31/2022
- Vehicle must be used for business at least 50% of the time
- Deduction limit of $11,160 for cars (including Bonus Depreciation)
- Deduction limit of $11,560 for trucks and vans (including Bonus Depreciation)
- Vehicle may be new or used
Want to learn more about Section 179 tax deduction requirements? Our dedicated staff is ready to help business owners near Oakland get all the info they need.
Buy Section 179 Vehicles near Me
Let our helpful staff assist you in buying a new Subaru that meets Section 179 deduction requirements. Contact Subaru of Bend to set up a test-drive for your next company vehicle. We’re proud to help business owners get the Section 179 tax deduction they deserve. From sedans to pickups to SUVs, our nearby Subaru dealership has a wide selection of models to suit any business needs.