Tesla Model X GVWR Is 6,768 Pounds – Vehicles Qualifies For $25,000 Business Tax Deduction

Section 179 of the tax code states that vehicles with a gross vehicle weight rating (GVWR) of over 6,000 pounds are eligible for a business tax deduction of up to $25,000. Basically, the deduction means that one doesn’t have to pay taxes on the $25,000 amount (a savings of up… …read more