[Frisco Kid 04]

There about to end so check you section 179 IRS forms and make sure to take full advantage of the 6000 GVWR.

It was lowered in October but 25K US is better than nothing....

 

[rov'n]

could you possibly enlighten me on that? :confused

 

[Serg]

I believe it allows any vehicle over 6000 GVWR (weight) a tax deduction under "farm equipment" tax laws...

Serg

 

[rov'n]

so how can i get that to work for me (city boy)

 

[Jonesy]

Huh???

What the.... :dunno: :dunno:

Would some CPA type person enlighten us all???????? I have no idea what this is about.

Thanks!!

 

[errant]

It was meant to help businesses with equipment purchases. Here's a good article.

 

[rov'n]

humm so my dad is a small business owner meaning we could write off my rover?

dang can anyone put that into english :complain: technical tax jargon

 

[URdiscovery]

Does this apply is A) It is bought used, and B) you dont own a small business? Thanks

 

[John C]

Yes and No