IS YOUR CADILLAC TAX DEDUCTIBLE?

Buying a vehicle holds many advantages, from the positive vibes of a new ride to the updated technology you can utilize. Another common advantage is receiving a tax deduction for our automotive purchase. This benefit comes in several forms, the Internal Revenue Service Section 179 tax break incentive and the Small Business Owners vehicle tax break. Both help businesses earn rebates for their automotive purchases from the previous year, and they can be handy for reinvesting back into your business. The IRS allows company owners to claim up to $1,040,000* for new or pre-owned vehicle purchases for the Section 179 deduction at the end of the year. Small businesses also can deduct a significant portion of your Cadillac buying price courtesy of the new tax depreciation laws*. Use the Section 179 tax break incentive or the small business vehicle depreciation tax break by purchasing from Linus Cadillac before the end of the year, or by speaking with a sales professional to see if your previous purchase qualifies.

Tremendous Tax Savings
Adding a Cadillac model to your commercial fleet increases your business profile with this luxury brand recognition. These benefits carry over to the financial side through these two helpful tax breaks. You are eligible for the Section 179 tax break incentive by using the Cadillac model more than 50% of the time for commercial purposes. A 100% depreciation bonus can be added to this tax deduction. The small business vehicle depreciation tax break can earn up to $18,100 per Cadillac model for the Cadillac CT4, the Cadillac CT5, and the Cadillac XT5. You can receive a much higher rebate — up to 100% of the purchase price — if you buy the Cadillac XT5, Cadillac XT6, Cadillac Escalade, or the Cadillac Escalade ESV.

Choose Cadillac For Commercial Models
Upgrade your commercial lineup with a top-of-the-line Cadillac model that delivers incredible performance and high-quality comforts. Purchasing before the end of the year will make you eligible for the Section 179 tax break incentive and the small business vehicle depreciation tax rebate. Visit Linus Cadillac today to pick out a Cadillac for your business.