3 ms·
Currently it's actually the opposite in some ways. Vehicles with a GVWR of at least 6000 lbs (2700kg) that are used for business can be deducted 100% in the fi
by sacred_numbers 5y ago
Currently it's actually the opposite in some ways. Vehicles with a GVWR of at least 6000 lbs (2700kg) that are used for business can be deducted 100% in the first year, no matter what the business use is. This leads to a lot of white collar consultants buying giant luxury trucks or SUVs to drive around town meeting clients rather than luxury sedans.