Why Old Cars Are More than Just Machines: From Tax Benefits to Living Time Capsules of Human Ingenuity
- Posted on September 2, 2025
- By International Business Times
- 4 Views
Why Old Cars Are More than Just Machines: From Tax Benefits to Living Time Capsules of Human Ingenuity
Under Section 179 of the 2017 Tax Cuts and Jobs Act, business owners who utilize a qualifying asset for more than 50% of business purposes may deduct its cost in the first year.
