It's time to invest in your small business. With the Section 179 tax incentive, you have the opportunity to save big on the new Ford truck or commercial van that will propel your business to the next level. Designed by the U.S. government to help small businesses invest in themselves, the Section 179 tax code is perfect for those who want to buy a new or new-to-you Ford commercial vehicle. Whether you're looking to buy a Ford Super Duty or a Ford Transit Connect, be sure to stop by our Ford dealership near Pensacola, FL, to ask about how much you can save with the Section 179 Tax Deduction. There are a couple guidelines to consider if you're looking to take advantage of this special tax incentive. For example, your Ford vehicle must be put into service by December 31, 2019, and it must be used for business purposes at least 50% of the time.
The Section 179 Tax Deduction and Bonus Depreciation are limited to $11,160 for cars and $11,560 for trucks and vans. Exceptions include: