“Just Section 179 Your G-Wagon!” 🚫 If someone told you that, they don’t know tax law. Here’s the truth: Section 179 has strict caps on vehicles. In most cases with heavy vehicles (over 6,000 lbs.), the year-one limit is around $31,300 (light vehicles is $12,200). So if you buy a $100,000 G-Wagon? You’re not writing off the whole thing with Section 179. To get the full deduction? You need to pair Section 179 with Bonus Depreciation. Here’s how it works: 🔹 Section 179 applies first — up to the applicable cap. 🔹 Anything above that? You turn to Bonus Depreciation. But there’s a catch… Thanks to TCJA, bonus depreciation is phasing out: 📉 In 2022 = 100%. 📉 In 2023 = 80%. 📉 In 2024 = 60%. 📉 In 2025 = just 40%. Example: 🚙 $100,000 G-Wagon purchase. ➡️ Section 179: ~$30,000. ➡️ Remaining $70,000 → Only 40% bonus-depreciable in 2025 … = $28,000. 🧮 Total first-year deduction = ~$58,000. But here is what is amazing. On July 4, 2025, the On...