
2025 Section 179 Business Tax Savings
Section 179 Tax Deductions
Help Your Business Thrive
When you own a small business, you understand the work and energy that goes into making sure everything is in order. When it comes to your bottom line, Section 179 Tax Deductions are designed to protect it. Let the team at Davis Motors Inc. help you discover why taking advantage of Section 179 is the power move you should make today.
Section 179 Tax Deductions for 2025
Section 179 is a tax deduction program that's designed with small businesses in mind. Typically, businesses have the option to write off the depreciation of qualifying equipment. The issue is that this had to be done over several years. However, Section 179 allows businesses to deduct the depreciation of qualifying equipment in the same tax year it goes into service. Saving you time and effort, and improving your net returns.
When you purchase a qualifying vehicle from Davis Motors Inc., it's important to note that it must be used for business purposes and not personal use. Here are a few more details surrounding Section 179 Tax Deductions that will help prepare you for the road ahead.
Deduction Limit in 2025 is $1,250,000
This is your deduction limit. It applies to new and used vehicles. You will have to finance or lease the vehicle between January 1, 2025, and the end of day on December 31, 2025.
Spending Cap on Equipment Purchases in 2025 = $3,130,000
This is the maximum amount your business can spend on qualifying equipment in 2025. Once you exceed that amount, the deduction will be reduced, dollar-for-dollar.
Bonus Depreciation in 2025 = 40%
After the Section 179 Tax Deduction Spending Cap is reached, the Bonus Depreciation takes effect. This Bonus Depreciation is available for new and used models.
Learn More About Section 179 Tax Deductions
Contact the experts at Davis Motors Inc. to learn more about Section 179 Tax Deductions. We look forward to supporting your business needs.
-
Davis Motors Inc
1005 N SIBLEY AVE
LITCHFIELD, MN 55355
- Sales: (877) 693-3224