Tax Benefits On RAM Inventory
GET UP TO $1,000,000
IN TOTAL TAX DEDUCTIONS*
TAX BENEFITS: ONE MORE WAY OUR TRUCKS AND VANS DELIVER
*Please consult a tax or financial professional to determine your specific tax benefits.
THE DETAILS
Now is the time to purchase the additional vehicle(s) needed for your business. 100% expensing for Federal income Tax Purposes may be available on your next RAM Truck purchase.
A RAM Truck is generally considered Section 179 property for U.S. Federal Income Tax purposes. This means a taxpayer may elect to treat the cost of any Section 179 property as an expense and allowed as a deduction for the taxable year in which the property is acquired and placed in service. A qualifying business may expense up to $1,000,000 of Section 179 property during 2018.
Consult your tax professional to determine your vehicle depreciation and tax benefits.
A RAM Truck is generally considered qualified property for purposes of section 168(k) for U.S. Federal Income Tax purposes. This means a taxpayer may elect to treat the cost of any qualified property as an expense allowed as a deduction for the taxable year in which the property is acquired and placed in service.
Consult your tax professional to determine your vehicle depreciation and tax benefits.