Section 179

In an effort to support small businesses, the IRS designed a tax code that allows companies to deduct the full purchase price of qualified equipment that was purchased or financed during the tax year up to a grand total of $1,000,000.* Section 179 government incentive is a way of encouraging businesses to invest in themselves, take action, and earn real benefits. When you buy or lease a company vehicle from your local Ford dealer in PA, you can deduct the full purchase price from your gross income at the end of the tax year. Section 179 deductions are an excellent way for companies and the economy to benefit, and all businesses that purchase, finance, or lease new or used equipment during the 2019 tax year should qualify from this incentive.


 
When it comes to commercial vehicles or and model used more than 50% in a qualified business manner, the total deduction includes both the Section 179 expense reimbursement and 100% Bonus Depreciation.* Both Section 179 and Bonus Depreciation included new and used equipment with a spending cap of $3,500,000. If you want to take advantage of this business write-off, you must purchase, finance, or lease qualified expenses between January 1, 2019, and December 31, 2019.


Here at your local Ford dealer in PA, we are honored to offer reliable and innovative vehicles that can transform your business. We have a wide selection of Ford Transit vans, a full lineup of Ford F-Series pickup truck models, and any other vehicle you require for your business to bring you peace of mind. If you are looking to take your operation to the next level, your Lancaster Ford destination is eager to find the right finance solution for you are your business. There is no better place to benefit from the Section 179 tax break than here at Tom Masano Ford, where you can not only protect your budget when it comes to taxes but also purchase your vehicle at a competitive price. Learn more about the Section 179 deduction when you visit the professionals at your local Ford dealer in PA.


*Please see a tax professional for details.

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*Please see tax professional for details
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