Bonus Depreciation Update
Section 179 for 2020 is One Million Dollars
Looking to purchase a coach this year? Now’s the time!
Now’s the Time
If you purchase a coach for business purposes, you may qualify for a government tax discount. This 100% bonus depreciation provision of the law allows for purchases of new coaches in 2020 to qualify.
If you are looking to purchase a pre-owned coach for business use, the Section 179 Enhanced Expensing is also available. The 2020 purchase can be expensed up to $1,000,000 for a new or pre-owned coach in the year of the purchase.