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submitted 10 months ago by Blaze@lemmy.zip to c/personalfinance@lemmy.ml
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[-] PlasterAnalyst@kbin.social 16 points 10 months ago

Section 179 allows you to deduct the entire purchase of a vehicle over 6000 lbs gvw if it's used for at least 50% business use. Farmers are notorious for not paying taxes. I guarantee they use untaxed, dyed diesel in their truck that they drive on roads too.

this post was submitted on 17 Jan 2024
132 points (95.8% liked)

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