As a business owner, you have the opportunity to significantly increase your tax savings with the 2025 Section 179 tax deduction. At Fuson Automotive near Brazil, we offer a wide range of GMC, Buick and Cadillac vehicles that qualify for this deduction, helping you enhance your fleet while optimizing your tax strategy. Visit our Terre Haute auto dealer to explore our inventory and learn more about how Section 179 can benefit your business this tax year.
What Is Section 179?
The Section 179 tax deduction is a powerful financial tool for businesses, allowing them to deduct the full purchase price of qualifying equipment and vehicles from their gross income. This incentive is designed to encourage businesses to invest in themselves by purchasing new equipment, including new GMC trucks, Buick SUVs and more at our local Cadillac dealer.
2025 Section 179 Deduction Limits & Details
The Section 179 tax deduction provides businesses with a valuable opportunity to lower their taxable income by writing off the cost of qualifying purchases. This deduction is particularly beneficial for businesses looking to invest in new or used vehicles for sale near Brazil. Plus, this year, businesses can benefit from a 100% bonus depreciation, allowing you to deduct the full cost of qualifying assets in the year they are placed in service.1
With specific limits and conditions in place for the 2025 tax year, it's important to understand how these can impact your business strategy. At our Indiana GMC dealer, we're here to guide you through the process and help you take full advantage of these tax benefits:1
- Deduction limit: $2,500,000
- Spending cap: $4,000,000
- Phase-out begins: $6,500,000
- Applies to: New and used vehicles (as long as new to your business)
- Use requirement: Over 50% for business purposes
- Deadline: Purchase and service by December 31, 2025
Claim Section 179 Tax Savings at Fuson Automotive
Our Terre Haute Buick dealer is committed to helping local businesses make the most of the Section 179 tax deduction. Our extensive inventory of GMC, Buick and Cadillac vehicles offers something for every business need, from the rugged GMC Sierra to the capable Buick Enclave.
Our knowledgeable team is here to assist you in selecting the right vehicle and ensuring you understand all the tax benefits available. Contact us todayto explore your options and take advantage of the 2025 Section 179 tax deduction.
Learn More: Why Buy from Us? | New Vehicle Specials | Why Buy a Used Vehicle?
1 Information accurate as of publishing date. Please consult https://www.section179.org for the most up-to-date details.