Adding a new INFINITI model to your business can come with plenty of benefits. In addition to the higher standard of luxury and performance, you can also take advantage of a special tax deduction. The 2023 Section 179 deduction allows eligible businesses to deduct from their income the full purchase price of qualifying software and equipment purchased or financed during the tax year.
Section 179 allows a maximum of $1,160,000 to be written off to businesses that have purchased, financed or leased new or used business equipment during the 2023 tax year. At Jim Lupient INFINITI, the INFINITI QX80 and QX60 are both accepted for this deduction.
To learn more about the specifications and limitations to the 2023 Section 179 deduction, click the button below.
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