Rivera Beach FL New & Used Truck Dealership Section 179 Updated Stock Announced

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Rivera Beach, Florida truck dealership MJ TruckNation updated its stock of new and used trucks for small businesses looking to expand their fleet under Section 179.

MJ TruckNation, a Rivera Beach, Florida full-service authorized commercial dealership for Isuzu, Hino, and Mitsubishi Fuso trucks, announced an update of its stock to meet the increased demand for medium duty trucks following the launch of Section 179. With the current program scheduled to end on December 31, more and more small businesses are looking to expand their fleet while also making important savings.

More information can be found at http://www.mjtrucknation.com.

Section 179 is a program created by the U.S. government to encourage companies to buy equipment and invest in their continuous business development. The significant tax savings available with this program have been particularly attractive for businesses in the medium truck industry, with landscape, pest control, and transportation companies being able to add new trucks to their fleet while also lowering their taxable income.

A recent example of a purchase under Section 179 is the acquisition of a commercial truck at MJ TruckNation by a local landscaping company. The local business decided to purchase a new Isuzu landscape truck from the River Beach dealership at a price of $49,980. After filing the Section 179 IRS deduction with their accountant, the company was able to deduct the full purchase price of this truck from their 2018 taxable income, leading to total tax savings of $17,493 – essentially purchasing a $49,980 commercial truck for $32,487.

According to the Rivera Beach dealership, the current fiscal climate is ideal for local businesses looking to expand their fleet while also improving their financial efficiency. The dealership advises companies to purchase new trucks and place them into service before midnight of December 31st, in order for their business to deduct the purchase price of qualifying equipment for the current 2018 tax year.

Under current regulations, Section 179 allows businesses to deduct up to $1 million in eligible equipment.

MJ TruckNation provides a variety of new and used trucks, including box trucks, chassis cabs, flatbeds and various other models. The dealership offers professional sales consulting services to help each client choose the best trucks for their needs, budgets and preferences.

Interested parties can find more information by visiting the above-mentioned website.

Contact Info:
Name: Mike Martin
Email: Send Email
Organization: MJ TruckNation
Address: 3775 Interstate Park Rd W, Riviera Beach, Florida 33404, United States
Phone: +1-561-220-9992
Website: http://www.mjtrucknation.com/

Source: PressCable

Release ID: 454745