SUV Tax Loophole
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View Poll Results: Are you taking advantage of the SUV Tax Deduction (aka Section 179)?

Voters
24. You may not vote on this poll
  • Yes

    7 29.17%
  • No

    17 70.83%
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Results 1 to 6 of 6
Cadillac SRX First Generation Forum - 2004 - 2009 Discussion, SUV Tax Loophole in Cadillac SRX Forums; Since I started this other thread regarding the SUV tax deduction/loophole, I was just curious how many other SRX owners ...
  1. #1
    Terpnut is offline Cadillac Owners Fanatic
    Join Date
    Feb 2004
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    449

    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.

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  3. #2
    Terpnut is offline Cadillac Owners Fanatic
    Join Date
    Feb 2004
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    Thread Starter

    Re: SUV Tax Loophole

    Just wanted to survey some of the newer members...

  4. #3
    snaayk is offline Cadillac Owners Member
    Join Date
    Apr 2004
    Posts
    71

    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.

  5. #4
    Schwood is offline Cadillac Owners Member
    Join Date
    Jun 2004
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    10

    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

  6. #5
    Terpnut is offline Cadillac Owners Fanatic
    Join Date
    Feb 2004
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    449
    Thread Starter

    Re: SUV Tax Loophole

    Quote Originally Posted by Schwood
    Not taking advantage of the tax loophole, but would like to! Does anyone have a link with more information on section 179?

    -Schwood
    You can start by checking out: 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.

  7. #6
    Schwood is offline Cadillac Owners Member
    Join Date
    Jun 2004
    Posts
    10

    Re: SUV Tax Loophole

    I guess since I'm still working for the MAN, I don't qualify, but good info...thanks Terpnut.

    -Schwood

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