The Section 179 Deduction is a tax break for businesses. Basically, if you buy stuff like equipment, machines, or vehicles for your business you can save money on your taxes. Basically, you can chop off the entire price tag of what you bought from your tax bill, but there's a maximum amount you can chop. And you can do it all in the same year you start using what you bought. So, let's say you get a new truck for your business, you can deduct the full cost from your taxes that year. Remember to always consult a tax professional, this is not advice. Now, this deduction isn't just for any old vehicle. It's mainly for vehicles that are used for business purposes at least 50% of the time and weigh more than 6000 pounds. Here's a partial list of SUVs and Trucks that might qualify for a tax deduction. Comment if you had a different one in and mind and I’ll check to see if it qualifies. Audi 07 BMWX5. X6 Buick Enclave Cadillac XT5. XT6. Escalade Chevrolet Silverado. Suburban. Tahoe. Traverse Chrysler Pacifica Dodge Durango, Grand Caravan Ford Expedition, Explorer, F-150 and larger GMC Acadia, Sierra, Yukon Honda Pilot 4WD, Odyssey Infiniti Qx80.0X56 Jeep Grand Cherokee Land Rover Range Rover, Discovery Lexus GX460. LX570 Lincoln MKT AWD, Navigator Mercedes-Benz G550, GLS, GLE, Metris, Sprinter Nissan Armada, NV 1500, NVP 3500, Titan Porsche Cavenne Tesla Model X Toyota 4Runner, Landcruiser, Sequoia, Tundra #billionaire #finance #investing #money #rich #moneytok - @moneyglowmedia