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2013 Tax Deductions for Business Owners


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Only a few more weeks left in the year to take advantage of big tax deductions for your business. See how much you can deduct with the purchase of a new vehicle for your business. Contact one of our Sales Specialist for more information at 815-385-2100.

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2013 Tax Deductions for Business Owners

  1. 1. 2013 TAX BREAKS FOR BUSINESSES Tax breaks are set to expire on December 31, 2013 for some small business tax limitations. These can amount to significant savings. At Gary Lang Auto Group, we’d like to make sure McHenry and Crystal Lake area businesses know about these opportunities before they are gone. Right now, if you purchase qualifying GM vehicles before the deadline, you could earn a tax deduction of up to half a million dollars. Yes, half a million dollars. Plus, you also can take advantage of current manufacturer incentives to increase your savings even more. HERE’S A LIST OF VEHICLES THAT ARE ELIGIBLE.* UP TO $11,160 TOTAL DEDUCTION PER VEHICLE*: Buick Encore LaCrosse Rega Verano Cadillac ATS CTS Coupe CTS Sedan CTS Sport Wagon Chevrolet Camaro Corvette Cruze Equinox Impala GMC Terrain UP TO $25,000*: Buick Enclave Cadillac Escalade Chevrolet Avalanche GMC Acadia Escalade ESV Express Passenger 1500 Savana Passenger 1500 UP TO $500,000*: Chevrolet Express Cargo Express Cutaway Silverado Chassis Cab GMC Savana Cargo Savana Cutaway Sierra Chassis Cab Escalade EXT Silverado (short box) Sierra (short box) SRX Malibu XTS Sonic Spark Escalade EXT Suburban Yukon Tahoe Yukon XL SS Sedan Volt Traverse Express Passenger 2500 and 3500 Silverado (standard and long box), Savana Passenger 2500 and 3500 Sierra (standard and long box) Let Gary Lang Auto Group help you find the right vehicle for your business and reap the tax break awards. Gary Lang Auto Group is Chicagoland’s only full line GM dealership, carrying Chevy, Buick GMC and Cadillac. *There are some limitations to the expense deduction, including vehicle eligiblity. See your accountant for details for your situation. 3 MCHENRY Y E A R S 0 COUNTY’S #1 DEALER! ** **Based on 2012 McHenry County sales registrations. 815-385-2100 1107 S. ROUTE 31 • McHENRY, IL HOURS: Mon-Fri 9am-9pm Sat, 9am-6pm