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Tom’s Orange County - Sales & Service

909 N. Grand Avenue | Santa Ana, CA 92701

Tom’s Los Angeles - Sales, Service & Parts

13443 E. Freeway Drive | Santa Fe Springs, CA 90670

Maximizing Your Tax Savings with Section 179 for Commercial Trucks and Vans

December 7th, 2023 by

Maximizing Your Tax Savings with Section 179 for Commercial Trucks and Vans Tax season can be a stressful time for business owners, but it can also present opportunities to save money and reinvest in your company. One valuable tax incentive that can significantly benefit businesses that rely on commercial trucks and vans is Section 179…

Posted in Section 179

Section 179 for 2022

November 3rd, 2022 by

How much do you know about the section 179 tax code? Do you know if you qualify for section 179? Tom’s is here to help answer those questions with an overview of what section 179 is.   Section 179‘s purpose is to help; it allows businesses to deduct the entire amount of the purchase price…

Posted in Section 179

Section 179: What is it? Does a new truck qualify for the deduction?

November 10th, 2017 by

Businesses have multiple tax breaks that they can take advantage of, but get lost in the financial jargon and forgo the entire opportunity. The Section 179 tax break is one of those opportunities that a lot of small businesses are looking past. This article is going to break down the basics of Section 179, and…

Posted in Section 179
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