About Section 179 Tax Information for Semi Trailer Purchases Completed in 2021

U.S. and TERRITORIES — The Star Trailer Sales website is a great resource for finding information about Section 179 as it relates to taxes for semi trailer purchases. Learn about deductibles, the maximum that can be deducted and what other benefits or liabilities exist. Check out the Star Trailer Sales blog to find posts about the topic. We have twice written about the subject on our semi trailer news and sales blog. Take a brief peek below to find more resources on this particular subject.

Use Section 179 for semi trailer write offs on taxes from 2021. Photo by Nataliya Vaitkevich from Pexels

What is Section 179?

Section 179 is a tax incentive designed for certain industries to take advantage of deductibles and other benefits. There are certain requirements that must be met. There are also maximum and minimum capital purchase requirements for your business. Farms, ranches, construction companies, logistics providers, commercial trucking and transport companies ought to know more about the Section 179 part of the US tax code for 2021 taxes.

“Can I write off my semi trailer purchases or loans?”

Excellent question. More comprehensive information can be found on our blog post update here on the subject of section 179.

Where Can I Find More Info on Section 179?

You can use the link above in the previous paragraph to find our latest blog post on Section 179, which also lists resources of information on the topic. There is a website dedicated to Section 179 called Section179.org. Use the website to find the most up to date and accurate information on this part of the IRS regulation. The site also includes helpful background. The site also includes the latest updates and changes as it relates to the topic. Find the best tax strategy for semi trailer purchases and write-offs at the end of the tax year. Consult with Star Trailer Sales for more info as well to plan for next year’s tax advantages.

2021 Semi Trailer Purchase Info

Use the above resources to maximize the benefits associated with Section 179 under the U.S. tax code and IRS (Internal Revenue Service) and to avoid penalty or tax liabilities. Star Trailer Sales has been helping countless clients utilize their semi trailer purchases to take full advantage of Section 179 for their businesses. We work with all sorts of clients buying and selling semi trailers in the United States. We are also partnered with top tier semi trailer manufacturers and some financial institutions to help with financing and leasing options. Contact our family owned business to find out more about how we can help your business.