G
Guest
·My accountant says that any truck or SUV with gross vehicle weight rating of over 6000 lbs. qualifies for expensing the entire cost if purchased after May 2003 when used for business.
From the Chevy specs I see the SSR has gvwr of 6050 but it does not appear on the list the accountant provided to me which was published in Nov. 2003.
It is a truck. It is over the limit. Any accountants out there?
Only applies to purchase, not lease, but a $50,000 expense would save at least $10,000 on taxes. I need a little ammo to convince the little lady.
Help.
From the Chevy specs I see the SSR has gvwr of 6050 but it does not appear on the list the accountant provided to me which was published in Nov. 2003.
It is a truck. It is over the limit. Any accountants out there?
Only applies to purchase, not lease, but a $50,000 expense would save at least $10,000 on taxes. I need a little ammo to convince the little lady.
Help.