Section 179 Tax Incentives
in Raynham, MA
Local businesses are integral to the fabric of our cities, towns and communities, both here in Massachusetts and around the country. The federal government recognizes this, which is why the IRS enacted what's known as Section 179 -- a unique tax incentive designed to give small- and medium-sized businesses a financial break when acquiring specific kinds of assets.
Section 179 is a boon for businesses that qualify, and many use it to buy a new or used Volkswagen SUV in MA with success. Of course, like any tax topic, understanding the limitations and meeting the criteria for Section 179 can be confusing, which is where our VW dealer near Plymouth comes in. We'll share what you need to know, so that you can buy an Atlas or ID.4 SUV in Massachusetts that will supercharge your business and potentially lower your tax bill.
Which VW Vehicles Are Eligible for Section 179?
Both new and used cars that are bought in the current tax year may qualify for the Section 179 tax deduction, which you can claim if you enter your new-to-you vehicle into service by December 31, 2025. Curious which new VW models quality for tax savings? Reach out to our Raynham Volkswagen dealership to speak with our sales and financing professionals.