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THE DETAILS
Now is the time to purchase the additional vehicle(s) needed for your business from Schaefer & Bierlein. 100% expensing for Federal Income Tax Purposes may be available on you next Ram Truck purchase. View our New Ram Truck Inventory.

SECTION 168(K)
A Ram truck is generally considered qualified property for purposes of section 168(k) for U.S. Federal Income Tax purposes. This means a taxpayer may elect to treat the cost of any qualified property as an expense allowed as a deduction for the taxable year in which the property is acquired in service. 

SECTION 179
A Ram truck is generally considered Section 179 property for U.S. Federal Income Tax purposes. This means a taxpayer may elect to treat the cost of any Section 179 property as an expense and allowed as a deduction for the taxable year in which the property is acquired and placed in service. A qualifying business may expense up to $1,020,000 of Section 179 property during 2019. 

CONTACT SCHAEFER & BIERLEIN TODAY FOR MORE INFORMATION

 

Hours

  • Monday 7:30am-8:00pm
  • Tuesday 7:30am-6:00pm
  • Wednesday 7:30am-6:00pm
  • Thursday 7:30am-8:00pm
  • Friday 7:30am-6:00pm
  • Saturday 7:30am-2:00pm
  • Sunday Closed

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