Thinking about purchasing a new or used semi-truck before the end of 2026?

Now may be a great time to invest in your business. Thanks to Section 179 and 100% bonus depreciation, qualifying truck purchases could provide significant tax advantages for fleet owners and owner-operators.

Understanding these deductions can help you make informed equipment decisions and potentially reduce your 2026 tax liability.

What Is Section 179?

Section 179 of the IRS tax code allows businesses to deduct some or all of the cost of qualifying equipment, including certain new and used commercial trucks, in the year it’s placed into service.

Read the rest of this entry >>