Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. That means that if you buy (or lease) a piece of qualifying equipment, you can deduct up to the full purchase price from your gross income. It’s an incentive created by the U.S. government to encourage businesses to buy equipment and invest in themselves.
Show off your company’s success by driving a new INFINITI, Maserati, Aston Martin, or Rolls-Royce instead of a common brand that everyone else has!
We are not trying to give you tax advice, we highly recommend consulting with your tax expert to see what you are eligible for. Mike Ward Automotive has multiple vehicles that qualify for the deduction.
Mike Ward Automotive Group owns multiple luxury and exotic vehicle dealerships in Colorado and Arizona. We are your luxury car and luxury SUV experts!
Our Denver, Colorado location houses several brands of luxury vehicles, including INFINITI, Alfa Romeo, Maserati, Aston Martin, Lamborghini, McLaren, Rolls-Royce, and Koenigsegg.
Our Scottsdale, Arizona location houses McLaren, Koenigsegg, Lotus, Czinger, Hennessey, and Torina vehicles.