New Stimulus Package for Business Owners!
- Immediate eligibility for an expense deduction, AND
- An additional bonus of accelerated depreciation
GM Vehicle Deduction Eligibility--There are some limitations to the expense deduction, and one is vehicle eligibility. Chevy vehicles immediately eligible for a $25,000 expense deduction:
- Chevy Avalanche
- Chevy Tahoe
- Chevy Traverse
- Chevy Suburban
- Chevy TrailBlazer with V8 engine
- Chevy Silverado Crew Cab (box length less than 6 feet)
- Chevy Silverado Extended Cab (box length less than 6 feet)
Chevy vehicles immediately eligible for up to a $250,000 expense deduction:
- Chevy Silverado (bed length over 6 feet)
- Chevy Express Cargo Van**
- Chevy Express Passenger Van**(seating for 12 or more)
- Chevy Express Cutaway
- Chevy Kodiak
RECEIVE EVEN MORE REWARDS FROM THE GM BUSINESS CHOICE PROGRAM!*** For the latest 2009 information regarding the tax stimulus, visit http://www.recovery.gov/. Come to City Chevrolet and check out the qualifying vehicles. Let our dedicated and knowledgeable Fleet & Commercial staff help you choose the vehicles that will work best for you and your business! Call us today at 1-866-409-3466 or visit us at http://www.citychevytrucks.com/!
*Each individual's tax situation is unique; therefore, please consult your tax professional to confirm vehicle depreciation deduction and tax benefits.
**Qualified vans include vehicles with a seating capacity of more than 9 persons behind the driver, or an open area not readily accessible by the driver; or does not have seating rearward of the driver's seat and no body section protruding more than 30 inches ahead of the leading edge of the windshield. To comply with Treasure Department regulations, we inform you that any tax guidance contained in this communication is not intended to be relied upon, or written to be used, and cannot be used for the purpose of (i) avoiding penalties that may be imposed under the Internal Revenue Code or any other applicable tax law, or (ii) promoting, marketing or recommending to another party, any transaction, arrangement, or other matter. ***The 2009 GM Business Choice Program is valid from October 1, 2008 throught September 30, 2009. You must purchase or lease your vehicle during the program period and be prepared to provide proof of your business. Vehicle must be used in the day-to-day operation of the business and not solely for transportation purposes. This program may not be compatible with other offers or incentive programs. Consult with your Chevrolet dealer for program compatibility and other restrictions.Information provided by General Motors
Labels: 2009 Economic Stimulus, Commercial vehicles, Fleet, General Motors, GM Business Choice, Tax Stimulus





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