White Cargo Vans Parked at Construction Site

Make tax savings part of your plan.
Get up to $25,000
in tax deductions.

Section 179 Tax Savings

WHAT DOES THE 179 TAX SAVINGS DO FOR ME?

It gives you a chance to deduct up to $25,000 of a qualifying vehicle from your business’s gross income during that tax year—all at once.

In some cases you may even be able to deduct the full purchase price of your vehicle. (Please consult your tax professional to find out if you qualify for the full amount).

It’s especially helpful for small businesses who want their tax savings right away, rather than receiving them bit by bit over time through depreciation.

It gives many businesses the financial leeway to purchase vehicles they need right away, rather than waiting.

White Cargo Vans


Blueprint for Sprinter Van

Section 179 Tax Savings

DOES MY BUSINESS QUALIFY TO GET THIS DEDUCTION?

You may qualify if you:

  • Are a business that purchased or financed new or used business equipment—including business-use vehicles—during the 2019 tax year
  • Put this equipment into service between January 1, 2019 and December 31, 2019
  • Used this equipment for business purposes more than 50% of the time
  • Spent less than $3,500,000 on this equipment


Section 179 Tax Savings

WHAT ARE THE DOLLAR AMOUNT LIMITS ON CLAIMING THIS TAX SAVINGS?

These are the limits:

  • You cannot write off more than $1,000,00
  • The total amount of the equipment purchased cannot be more than $2,500,000. It phases out dollar-for-dollar after that, so once $3,500,000 is spent, the deduction goes away entirely.

Man Working in white cargo van


Section 179 Tax Inquiry

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(303) 410-7800

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10391 Westminster Blvd • Westminster, CO 80020

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Today's Hours:

Open Today! Sales: 9am-7:30pm

Open Today! Service: 7:30am-6pm

Open Today! Parts: 7:30am-6pm

Mercedes-Benz of Westminster

10391 Westminster Blvd Westminster, CO

Phone: (303) 410-7800

http://maps.google.com/?q=10391%20Westminster%20Blvd%2C%20Westminster%2C%20CO%2080020

Parts

Phone: (720) 863-4074

10391 Westminster Blvd Westminster, CO

Sales

Phone: (303) 410-7800

10391 Westminster Blvd Westminster, CO

Service

Phone: (720) 627-6412

10391 Westminster Blvd Westminster, CO
39.8861858 -105.0689844
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Mercedes-Benz of Westminster
Mercedes-Benz of Westminster
10391 Westminster Blvd
Westminster, CO, 80020 US
(303) 410-7800
https://di-uploads-pod5.dealerinspire.com/mercedesbenzofwestminster/uploads/2018/03/MercedesBenzofWestminsterOGImage.png
Mercedes-Benz of Westminster 39.8861858, -105.0689844.