Commercial Trucks Come With Major Tax Incentive
With the end of the tax year approaching, it’s your last chance to take advantage of the commercial trucks tax incentive. Are you a business owner who uses commercial trucks to serve customers? Now is the time to use §179 of the U.S. Internal Revenue Code to earn some money back you file your taxes early next year. For capable and sturdy commercial work trucks, visit Raymond Chevy Antioch!
Commercial Trucks Tax Incentive
Part of the U.S. tax code, specifically §179, allows for an immediate expense deduction that business owners can take for purchases of depreciable business equipment instead of capitalizing and depreciating the asset over a period of time. Under this section, commercial trucks qualify as business equipment, as long as they are used for your business’s goals. The deduction can be taken if the commercial truck is purchased or financed, and the full amount of the purchase price is eligible for the deduction. One thing to note is that §179 is limited to a maximum deduction of $1,050,000 and a value of property purchased to $2,620,000 for the year 2021, but this won’t be an issue for most business owners.
Chevy Commercial Trucks
Chevrolet manufactures the top commercial trucks on the market. Known for their performance, capability, and long-term value, Chevy commercial vehicles are great for business owners looking to take advantage of the deduction available under §179 of the U.S. Internal Revenue Code. Check them out now at Chevy dealers!
Commercial Trucks Available Now at Raymond Chevy
At Raymond Chevy, we have a great selection of Chevrolet’s well-known commercial trucks. We also offer commercial truck repair at our service department. Commercial trucks available on our lot now include:
- 2020 Chevrolet Silverado 4500 Regular Cab DRW 4×4, Monroe MTE-Zee Dump Body
- 2022 Chevrolet Silverado 3500 Regular Cab 4×2, Monroe MSS II Service Body
- 2021 Chevrolet Silverado 4500 Regular Cab DRW 4×2, Monroe P-Series TradesPRO Platform Body
- 2022 Chevrolet Silverado 3500 Regular Cab 4×2, Monroe P-Series TradesPRO Platform Body
- 2022 Chevrolet Silverado 3500 Regular Cab 4×2, Monroe P-Series TradesPRO Platform Body
- 2021 Chevrolet Silverado 4500 Regular Cab DRW 4×4, Cab Chassis
- And many more!
Visit Raymond Chevrolet!
Looking for a Chevy dealer Round Lake? At Raymond Chevy Antioch, we’ve got the perfect commercial truck for you. We’ve been serving the needs of Northern Illinois and Southern Wisconsin since 1953. With strong and committed sales staff with many years of experience, we’ve been satisfying our customers’ needs for six decades. At Raymond Chevy, customer service and satisfaction are at the heart of our business. This is why Raymond Chevrolet has continuously been one of the top-performing Chevrolet dealers in the country and has been awarded the prestigious Mark of Excellence three times in the last five years. Visit us to learn more about the commercial truck tax incentive or schedule a test drive today!
