Cadillac SRX First Generation Forum - 2004 - 2009 Discussion, SUV Tax Loophole in Cadillac SRX / XT5 Forums; Since I started this other thread regarding the SUV tax deduction/loophole, I was just curious how many other SRX owners ...
SUV Tax Loophole Since I started this other thread regarding the SUV tax deduction/loophole, I was just curious how many other SRX owners took advantage of Uncle Sam's generosity.
Re: SUV Tax Loophole Just wanted to survey some of the newer members... Re: SUV Tax Loophole I'm assuming the business had to be open prior to the purchase. Since I didn't know about until after I purchased the car I couldn't have made the appropriate accomodations. Re: SUV Tax Loophole Not taking advantage of the tax loophole, but would like to! Does anyone have a link with more information on section 179?
-Schwood Re: SUV Tax Loophole You can start by checking out:
Originally Posted by
Schwood http://www.cadillacforums.com/forums...hlight=suv+tax. In a nutshell, you need to own a business and can substantiate using the vehicle for 50% or more for business purposes. Re: SUV Tax Loophole I guess since I'm still working for the MAN, I don't qualify, but good info...thanks Terpnut.