TAX BREAK FOR SOME SUV’s AND TRUCKS

 

Automobiles used for business are subject to strict limits on how much you deduct each year.  However, vehicles with a Gross Vehicle Weight rating of 6,000 or more are exempt from these auto limitations.   They can expense $ 25,000 under code section 179 and take the normal annual depreciation of the additional value.   

Vehicles with GVW of 6,000 pounds or more

 Audi Q7 3.0L TDI

 BMW X5 M

 BMW X5 XDRIVE35I

 BMW X6 M

 BMW X6 XDRIVE35I

 Buick ENCLAVE 2WD

 Buick ENCLAVE 4WD

 Cadillac ESCALADE 2WD

 Cadillac ESCALADE AWD

 Cadillac ESCALADE HYBRID

 Cadillac ESCALADE HYBRID

 Chevrolet Truck AVALANCHE 2WD

 Chevrolet Truck AVALANCHE 4WD

 Chevrolet Truck SILVERADO C1500

 Chevrolet Truck SILVERADO C1500

 Chevrolet Truck SILVERADO C2500

 Chevrolet Truck SILVERADO C3500

 Chevrolet Truck SILVERADO K1500

 Chevrolet Truck SILVERADO K1500

 Chevrolet Truck SILVERADO K2500

 Chevrolet Truck SILVERADO K3500

 Chevrolet Truck SUBURBAN C1500

 Chevrolet Truck SUBURBAN K1500

 Chevrolet Truck TAHOE 2WD LS

 Chevrolet Truck TAHOE 4WD LS

 Chevrolet Truck TAHOE HYBRID

 Chevrolet Truck TAHOE HYBRID

 Chevrolet Truck TRAVERSE 2WD

 Chevrolet Truck TRAVERSE 4WD

 Dodge Truck DURANGO 2WD

 Dodge Truck DURANGO 4WD

 Ford Truck EXPEDITION 2WD

 Ford Truck EXPEDITION 4WD

 Ford Truck EXPLORER 2WD

 Ford Truck EXPLORER 4WD

 Ford Truck F-150 2WD

 Ford Truck F-150 4WD

 Ford Truck FLEX AWD

 GMC ACADIA 2WD

 GMC ACADIA 4WD

 GMC SIERRA C1500

 GMC SIERRA C1500

 GMC SIERRA C1500

 GMC SIERRA C2500 HD

 GMC SIERRA C2500 HD

 GMC SIERRA C3500 HD

 GMC SIERRA C3500 HD

 GMC SIERRA K1500

 GMC SIERRA K1500

 GMC SIERRA K1500

 GMC SIERRA K2500 HD

 GMC SIERRA K2500 HD

 GMC SIERRA K3500 HD

 GMC SIERRA K3500 HD

 GMC YUKON 2WD

 GMC YUKON 4WD

 GMC YUKON HYBRID

 GMC YUKON HYBRID

 GMC YUKON XL C1500

 GMC YUKON XL K1500

 Honda PILOT 4WD

 Infiniti QX56 2WD

 Infiniti QX56 4WD

 Jeep GRAND CHEROKEE

 Jeep GRAND CHEROKEE

 Land Rover RANGE ROVER 4WD

 Land Rover RANGE ROVER SPT

 Lexus GX460

 Lexus LX570

 Lincoln MKT AWD

 Mercedes Benz G550

 Mercedes Benz GL350 BLUETEC

 Mercedes Benz ML350

 Nissan ARMADA 2WD

 Nissan ARMADA 4WD

 Nissan NV 1500 S V6

 Nissan NVP 3500 S V6

 Nissan TITAN 2WD S

 Porsche CAYENNE

 Toyota 4RUNNER 2WD LTD

 Toyota 4RUNNER 4WD LTD

 Toyota LANDCRUISER

 Toyota SEQUOIA 2WD LTD

 Toyota SEQUOIA 4WD LTD

 Toyota TUNDRA 2WD

 Toyota TUNDRA 4WD

 Volkswagen TOUAREG HYBRID

 

For more information contact visit Financial Focus Advisory Services and StocksAndTaxes.com