Section 179 Tax Deductions Program

If you're looking to invest in new commercial vehicles for your growing business, Dan Cummins Chrysler Dodge Jeep Ram Georgetown will proudly help you learn about vehicles that are eligible for the Section 179 Tax Deduction. What is the Section 179 Tax Deduction? It's a tax incentive designed by the U.S. government to assist small-to-medium-sized businesses. Thanks to the Section 179 deduction, your business may be eligible to write off the cost of vehicles that are used for business purposes more than 50% of the time. The deadline to put your commercial truck or work van into service and qualify for the current Section 179 tax year savings is December 31, 2022, so act fast and head to our RAM dealership near Louisville, KY, to find an eligible vehicle.