Commercial Vehicle Pro

S6:E39 I Section 179: Turning Tax Benefits into Smart Business Decisions

Commercial Vehicle Pro Season 6 Episode 39

Gil Weiss of Training Team USA joins Steve Henning on the Commercial Vehicle Pro Podcast to break down IRS Section 179. The discussion explains the rule, which allows businesses to fully deduct the cost of equipment. Weiss details recent changes, key vehicle qualifications (e.g., 6,000 lbs. GVWR), and offers dealership advice on using a fleet analysis to show customers the financial benefits of the deduction and cycling their trucks every five years.