
Ford Section 179 Tax Benefits for Commercial Vehicles near Baxley, GA
Under the IRS Section 179 tax code, many small businesses that invest in new equipment can write off up to $500,000 of these purchases on their IRS tax returns! Eligible new Ford Vehicles include:- Up to 100% of the purchase cost in the first year: The F-150 (6.5-ft. or 8-ft. bed), The F-250, F-350 Super Duty, and Transit Van.
- Up to $25,000 of the purchase cost in the first year: Ford Expedition, F-150 SuperCrew, and Transit Wagon.
- Up to $11,560 in the first year: Transit Connect Vans and Transit Connect Wagons
- Up to $11,160 in the first year: Ford Edge, Flex, Escape, Focus, Explorer, Fusion, Fiesta, and Taurus
Details of the Ford Section 179 Tax Benefit
It's important to note that the Ford commercial vehicle must be used at least 50% for business, based on mileage, in the first year it is placed in service. So, if you are using your Ford vehicle for personal and business use, the cost eligible for the deduction would be the percentage used for business.Shop Commercial Vehicles at Woody Folsom Ford in Baxley, GA
There's no better time to get your commercial work vehicle with the Section 179 tax benefit! If you are looking for a reliable, heavy-duty commercial vehicle near Douglas, Valdosta, Vidalia, and the surrounding areas, visit Woody Folsom Ford.Inquire about Commercial Tax Write-Offs
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