SUV Archives

Knott Learning

100% Bonus Depreciation for SUV Purchases

For tax years 2017 through 2022, businesses were eligible for 100% bonus depreciation on certain assets. Bonus depreciation started to phaseout beginning with the 2023 tax year.

Jason Knott2024-07-12T12:15:00+00:00Tags: Bonus Depreciation, Depreciation Expense, SUV, Vehicle Depreciation|

Company

Legal

Social Media Links

This website includes information about tax, financial, and legal topics. Such materials are for informational purposes only and may not reflect the most current developments. These informational materials are not intended, and should not be taken as tax, financial, investment, or legal advice. You should contact an advisor to discuss your specific facts and circumstances. Self-help services may not be permitted in all states or jurisdictions. The use of this website does not create an attorney-client or confidential relationship. This website does not include information about every financial product or service. Please reference the Terms of Service for specific information. Your use of this website constitutes acceptance of the Terms of Service and Privacy Policy.