Are you a small business owner looking for a commercial vehicle? You might be entitled to a tax deduction thanks to Section 179 of the tax code. This deduction allows Lyons and Blackshear companies to write off 100% of any new commercial truck or van when they shop at Woody Folsom Ford!
The Tax Benefits of Ford Commercial Vehicle
As previously stated, Section 179 allows small business owners in the Jesup and Ludowici area to deduct the entire purchase price of qualifying Ford commercial trucks or vans. Regardless, if they lease or purchase the vehicle, they can deduct 100% from their business’s gross income.
Section 179 of the tax code is designed to aid small business owners in their company’s growth. This tax benefit offers a great opportunity to purchase a new vehicle for your business, so take advantage of it today.
How Do I Qualify for Section 179?
To qualify for Section 179, the commercial Ford van, truck, or passenger vehicle you purchase must be used more than 50% of the time for business purposes. Our Baxley dealership offers a long list of vehicles that qualify for this deduction, like the Ford Flex and Edge. It should be noted that the deduction on these two models will only be up to $11,160.
Contact Woody Folsom Ford about Tax Benefits on Commercial Vehicles
If your business needs a new commercial truck or van, then Woody Folsom Ford has you covered. It’s never been a better time to find the perfect vehicle for your business and take advantage of the tax benefits that come with it. Now until the end of the year, you can purchase or lease a new Ford vehicle and potentially write off the purchase price.
