Tax Deductions for Small Businesses
As the year-end approaches, its good to know that a vehicle used within your small business will be eligible for a
depreciation deduction and could be eligible for $25,000 to $125,000 in expense deductions.† Be sure to consult
your tax professional, they will know the details regarding this tax law.
There are some limitations to the tax deduction, and one is vehicle eligibility.§

