2016 Mercedes-Benz Parts Tax Incentives Phoenix AZ
Mercedes-Benz is not usually the first brand companies think of when purchasing a car to be used by employees or clients, but without having to pay for the sales tax, it makes Mercedes-Benz a lot more obtainable. Whether you are looking for a new company car or maintaining your current one, you can count on Mercedes-Benz of Arrowhead for the finest Mercedes-Benz parts available. If you want to just take the parts and go, we can mail them straight to your office or mechanic! If you would like us to install the parts for you, we can do that to, although labor is not included in the Section 179 tax incentive.
Section 179
According to Section 179 of the United States IRS Tax Code, all United States companies filing for a tax return in 2016 are exempt from paying taxes on equipment and software up to $500,000. This is where we come in. Whether you have a fleet of Mercedes-Benz vehicles or would like to buy your first Mercedes-Benz company car, we can help you make sure you are not paying more than you have to!
Bonus Depreciation
Section 179 is designed to help small businesses first, but it can also be a great opportunity for large companies looking to maintain their current fleet of vehicles or purchase a new one. Once the spending cap of $2,000,000 is reached, bonus depreciation can be taken for up to %50 of total depreciation on equipment in addition to the standard 20%. If you have any questions about taking advantage of Section 179 for the 2016 tax season, speak with your tax advisor and then come see us today, but hurry, the deadline for the write-off is December 31st!
