Best Trucking Accounting Software 2020

Best Trucking Accounting Software 2020

Used equipment qualifies for Section 179 depreciation, but not for the new bonus depreciation. To hear truck dealers and manufacturers tell it, buying a new truck this year is your patriotic duty. Your purchase, they say, not only will boost the economy but will give you the financial benefit of so-called bonus depreciation. Not so fast, say tax advisers: Unless your current truck is in such disrepair that it’s eating your profits, think twice before buying a new read more