Section 179 Deduction for Heavy Vehicles

Section 179 allows for the deduction of heavy vehicles (over 6,000 lbs) if they are justifiable business expenses, such as a G-Wagon for an influencer.

Section 179 allows for accelerated deductions of certain business assets, including heavy vehicles (over 6,000 lbs) purchased in 2022, potentially allowing for 100% deduction in the year of purchase if used for business purposes and justified by the business's brand or lifestyle needs.

Until January 1, 2023, businesses could deduct 100% of the purchase price of heavy vehicles (over 6,000 lbs) used for business.