Both our Willow Street & Ephrata offices will be closed on Monday, May 27th, 2024.

Learn more

Business Taxes

There are lots of breaks for buyers of business vehicles under the tax laws. The annual depreciation caps for passenger autos are rising slightly for 2019. If bonus depreciation is claimed, the first-year ceiling is $18,100 for new and used cars first put in service this year.  The second and third year caps are $16,100 and $9,700.