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Truck shopping and taxes
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<blockquote data-quote="J Baxter" data-source="post: 35614" data-attributes="member: 374"><p>What everyone is talking about is the section 179 immediate expensing deduction. Not all full size trucks will qualify for the deduction. Thye have to exceed 6000 lbs gvw on the manufacturer's tag. It is rumored around Capitol Hill that they are thinking about excluding SUVs from this.</p><p></p><p>One tidbit here. All classes of cattle qualify for the section 179 deduction not just feeders. Any of you that are ammortizing your breeding stock or waiting til they sell to take the deduction may want to examine this. </p><p></p><p>JB</p></blockquote><p></p>
[QUOTE="J Baxter, post: 35614, member: 374"] What everyone is talking about is the section 179 immediate expensing deduction. Not all full size trucks will qualify for the deduction. Thye have to exceed 6000 lbs gvw on the manufacturer's tag. It is rumored around Capitol Hill that they are thinking about excluding SUVs from this. One tidbit here. All classes of cattle qualify for the section 179 deduction not just feeders. Any of you that are ammortizing your breeding stock or waiting til they sell to take the deduction may want to examine this. JB [/QUOTE]
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