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Follow on Google News | ![]() Heiser Automotive Urges Businesses to Take Advantage of Tax DeductionFor a limited of time at Heiser Ford Lincoln, Heiser Toyota Scion, Heiser Chevrolet, and Heiser Chevrolet Cadillac, area companies could qualify for a 2013 tax deduction of up to $500,000.
Tax Code 179 allows businesses to deduct the full purchase price of qualifying equipment purchased or financed during the tax year. That means that if you buy (or lease) a qualifying vehicle for business use from Heiser Toyota, Heiser Ford or Heiser Chevrolet (two locations), you can deduct the FULL PURCHASE PRICE from your gross income. Heiser can also offer competitive rates, along with the outstanding factory incentives. “These benefits are still in effect, but expiring soon for the 2013 calendar year. As the economy improves, we’ve noted more business owners upgrading their vehicle fleet to take full advantage of the code,” stated Mary Ann Scaffidi. “Heiser is available to help speed the process as you choose from our inventory of over 1,000 vehicles." The extensive inventory of new 2013 and 2014 Ford, Lincoln, Toyota, Scion, Chevrolet, and Cadillac vehicles are available on four Milwaukee-area Heiser lots. With the year-end uptick in sales, incentives have never been stronger. Now really is a great time to purchase or lease. To take advantage of this offer, call (414) 577-1600. Heiser’ About Heiser Automotive Group: Family-owned, Heiser Automotive Group was established 97 years ago in Milwaukee. It’s dedicated to providing excellence throughout the customer’s sales experience. With a motto, “Anything’s Possible”, employees seek to add value every day in the community they serve. * The tax incentives are available for depreciable tangible property that is acquired by purchases for use in active conduct of a trade or business. Additional limitations may apply, based on purchases- for the 2013 tax year. The aggregate deduction of $500,000 under is most beneficial to small businesses that place in service no more than 2,000,000 of “Section 179 property” during the year. Certain vehicles, models, and restrictions apply. Consult your tax professional for details. End
Page Updated Last on: Dec 10, 2013
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