2025 Section 179 Business Tax Savings
Section 179 Tax Deductions
Maximize Your Business Net Income with Section 179 Tax Deductions
At Aitkin Motor Co., we want to help you get the most out of your shopping experience. One of the ways we do this is by informing you of benefits you have that can protect your business's bottom line. We want to help your business thrive by ensuring you have access to programs designed with your small business in mind.
Section 179 is a tax deduction program that helps business owners protect their business's net income. In the past, businesses were required to deduct the cost of depreciation for qualifying equipment year after year. Section 179 changed that by allowing you to write off that depreciation in the year the qualifying equipment is placed into service. Defined as the "small business tax credit", Section 179 changes the game, allowing you to stay on top.
Section 179 Tax Deductions for 2025
Section 179 has some restrictions. Contact the team at Aitkin Motor Co. to learn which new and pre-owned vehicles qualify. Additionally, this program is offered only to vehicles that are purchased for business purposes. If you finance an automobile for personal use, it will not qualify for this program.
Take a look at a few more details pertaining to Section 179 deductions in 2025. Our team is happy to help if you have any questions.
Deduction Limit in 2025 is $1,250,000
Your deduction limit is your upward limit as to how much you can write off for Section 179. New and used vehicles must have been financed or leased between January 1, 2025, and the end of day on December 31, 2025, to qualify.
Spending Cap on Equipment Purchases in 2025 = $3,130,000
When your annual Spending Cap is reached, deductions on equipment purchased in 2025 are reduced dollar-for-dollar.
Bonus Depreciation in 2025 = 40%
Once you've reached your annual Spending Cap, the Bonus Depreciation takes effect and is available for new and used vehicles.
Learn More About Section 179 Tax Deductions
Visit the team at Aitkin Motor Co to learn more about Section 179 tax deductions. We look forward to helping you navigate your shopping experience successfully.
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Aitkin Motor Co.
108 Second Street N.E.
Aitkin, MN 56431
- Sales: (218) 927-2169
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