Could Buying a Heavy SUV, Pickup or Van Help Save Taxes?

Buying a gas-guzzling SUV, pickup or van may be frowned upon for environmental reasons. But these vehicles can be useful if your business needs to haul people, materials, inventory or equipment around. They also offer major tax advantages for businesses when they're acquired. How It Works Thanks to the Section 179 deduction privilege, you can immediately write off up to $25,000 of the Continue Reading