Take Advantage of Section 179 At Superior Automotive Group!

tax deduction
What is Section 179?

Section 179 is an attractive tax deduction for small and medium businesses. It is a U.S. tax law designed to encourage businesses to buy equipment and invest in themselves. It allows businesses to deduct the full purchase price of qualifying equipment purchased or financed during the tax year from their gross income, reducing overall tax liability.

Benefits of Section 179 Deduction

The Section 179 Deduction can provide your business with a host of advantages. The key benefits include: Immediate expense deduction, providing significant tax savings for your business. Encouragement of growth and scalability through the acquisition of new equipment. Increased financial flexibility by improving your business’ bottom line.

Who qualifies for the Section 179 Deduction?

Any business that purchases, finances, and/or leases new or used business equipment during tax year 2024 should qualify for the Section 179 Deduction. This includes select business-use vehicles 


Interested in learning more?

Visit the official Section 179 Website or Contact Us for more information. 

Superior Automotive Group 36.1327595, -94.1412605.