IRS Issues 2017 Car-Truck Depreciation Limits
The IRS on Friday issued the 2017 inflation adjustments to the car-truck depreciation limitations and lease inclusion amounts for certain automobiles under Sec. 280F. This year’s guidance includes figures for vehicles that are placed in service in 2017 and to which first-year bonus depreciation applies. For passenger automobiles (other than trucks or vans) placed in […]
