Leverage Section 179 to Save on Trailer Purchases in 2024

Owning and operating a small business means smart financial decisions are essential. With the 2024 Section 179 tax deduction, investing in a new trailer can be a strategic move that offers both operational benefits and tax savings.

What Is Section 179?

Section 179 allows businesses to deduct the full purchase price of qualifying equipment, such as trailers, in the year they are purchased and put into service. This deduction helps businesses improve their cash flow and reduce tax liabilities.

 

2024 Highlights for Section 179

• Deduction Limit: Up to $1,220,000.
• Total Equipment Spending Cap: $3,050,000, with deductions reduced after this limit and a phase-out at $4,270,000.
• Bonus Depreciation: Available at 60% for added tax benefits.

 

Qualifying Trailers Available at Big Tex Trailer World

At Big Tex Trailer World, we offer a wide range of trailers that qualify for Section 179, including dump trailers, equipment trailers, utility trailers, goosenecks, deckovers, and more. We also carry trusted brands like big Tex Trailers, BWise Trailer, and RC, providing even more ways to take advantage of Section 179.

 

Take Action Before Year-End

Don’t miss your chance to reduce your tax liability and upgrade your fleet. Visit Big Tex Trailer World to explore our inventory and consult with a tax professional to plan your purchase before December 31, 2024. Find your nearest Big Tex Trailer World store today to get started.