Preston Ford Commercial Truck Division
Preston Ford Commercial Truck Division Call Us
Preston Ford Commercial Truck Division Get Directions
Sales: 877-895-0602 Service: 877-895-0602 Parts: 877-895-0602 4313 Preston Road., Hurlock, MD 21643
Sales: 877-895-0602
Service: 877-895-0602
Parts: 877-895-0602
Close

Section 179 tax break

The Section 179 tax deduction can take the way your business operates to new heights. This initiative was first crafted by the IRS in hopes of aiding small businesses to grow and develop. The team at Preston Ford Commercial is prepared to show you how the Section 179 tax break can help your business save. This policy lets you deduct the purchasing price of qualifying business software and equipment purchased or financed during the fiscal year out of your total income. The deduction can up to $1,000,000* and must be utilized by the end of the calendar year. Qualified equipment and software can be eligible for a deduction that is worth the whole purchasing price, letting you earn money back when it comes time to file your taxes at year’s end. 

The Section 179 policy was first formed by the American government back in 2010 in order to promote the aid of smaller businesses. If you want to take advantage of this incredible benefit, then make sure that you purchase/use said software or equipment by 12/31/2019.

Section 179

If you are applying this to passenger vans, trucks, and any other commercial vehicles, then your depreciation deduction will include as Section 179 expense deduction plus a 100% Bonus Depreciation. This also includes equipment that is used and is usually applied once bigger businesses hit the Section 179 cap.

The staff at Preston Ford Commercial is ready to show you the wide array of Ford commercial models that we have in stock and tell you about how you can use Section 179 to help your business save during the busying process. Come visit our dealership today and peruse our inventory, featuring the vehicles your business needs such as the versatile Ford Transit commercial van and the powerful Ford F-150, the most popular truck in America for more than 42 years. Ask our expert team about the Section 179 tax break today and grow your business!

Contact Information


Section 179

*See your tax professional for details.