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(GVWR) Gross Vehicle Weight Rating

Small business strategy: A heavy vehicle plus a home office equals tax savings

Depreciation Deduction (Section 179), Federal Income Tax, Federal Tax Deductions, Home Office Deduction, Small Business, Small Business Owners, Small Business Tax Tips, Small Business Tips, Vechicle /

New and used “heavy” SUVs, pickups and vans placed in service in 2025 are potentially eligible for big first-year depreciation write-offs. One requirement is you must use the vehicle more than 50% for business. If your business usage is between 51% and 99%, you may be able to deduct that percentage of the cost in […]

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Need a new business vehicle? Consider a heavy SUV

Business Equipment, Business Expenses, Tax Deduction, Tax Planning, Tax Savings, Vehicle Expenses /

Are you considering buying or replacing a vehicle that you’ll use in your business? If you choose a heavy sport utility vehicle (SUV), you may be able to benefit from lucrative tax rules for those vehicles. Bonus depreciation. Under current law, 100% first-year bonus depreciation is available for qualified new and used property that’s acquired

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