According to Forbes, the IRS has released the depreciation limits of Luxury Automobiles. Exploring the ramifications of this tax plan and ability to deduct lucury automobile depreciation, and the rules and regulations of bonus depreciation, reveal that new luxury vehicles may not be as deductible as the initiative originally sounded. Car models and classes, as well as weight and price range are analyzed in the following:
Click here to read more of the finance ins and outs of luxury vehicles at Forbes>>