Last month GM detailed how valuable the GM Business Choice Program can be in helping contractors meet the unique demands of their business. But here's an additional business tax deduction you may not have counted on. When you buy a qualified Chevrolet or GMC vehicle, your business is eligible for an immediate $25,000 expense deduction.*

And that's not all. The 2008 Economic Stimulus Act provides some significant additional tax depreciation benefits for eligible SUV, truck and van purchases in 2008. Each individual's tax situation is unique, so you should consult your tax advisor to confirm vehicle depreciation deduction and tax benefits.

There are some limitations to the expense deduction, and one is vehicle eligibility, so please visit www.gmfleet.com/taxcode to learn more about this program.

*For details, consult your tax professional or visit www.irs.gov.