What’s so good about having a 6,000lb vehicle in your business? #taxwriteoff #taxfreewealth

What’s so good about having a 6,000lb vehicle in your business?

The 6,000-pound vehicle tax deduction is a rule under the federal tax code that allows people to deduct up to $25,000 of a vehicle's purchasing price on their tax return. The vehicle purchased must weigh over 6,000 pounds, according to the gross vehicle weight rating (GVWR), but no more than 14,000 pounds.