Claim the Section 179 Tax Deduction at Eau Claire
Thinking of expanding your business fleet while maximizing tax savings? Visit our Ford dealership near Chippewa Falls, which offers a wide range of new and pre-owned Ford trucks, cargo vans and commercial vehicles that may qualify for the 2024 Section 179 tax deduction.
Haven't heard about this bit of tax code? It's a way to buy Ford commercial vehicles while potentially lowering your tax bill and maximizing your deductions. Thanks to Section 179, businesses can deduct up to 100% of the purchase price of eligible vehicles, freeing up funds to reinvest in their operations.
What Is the Section 179 Tax Deduction?
Section 179 is an IRS tax code designed to aid small businesses by allowing them to deduct the cost of qualifying equipment used over 50% of the time for business. This deduction reduces taxable income by allowing you to deduct an asset's full purchase price in the year of purchase.
Take advantage of this tax-saving opportunity by visiting Eau Claire Ford today!
Which Ford Vehicles Qualify for Section 179?
A range of new Ford models and used vehicles qualify for the Section 179 deduction. Whether you need a reliable pickup truck, spacious cargo van or versatile Ford SUV, we offer options that meet Section 179 criteria.
Vehicles exceeding a 6,000-pound gross vehicle weight rating (GVWR) may qualify for full deductions, while other models may offer partial deductions based on weight and usage.
Eligible Ford models can include:
- Ford F-150
- Ford Super Duty®
- Ford Transit Cargo Van
- Ford Transit Passenger Wagon
- Ford Expedition
- Ford Explorer
Each of these models delivers exceptional reliability and performance, ideal for any business fleet. Visit us now to learn more about which new Ford models qualify under the Section 179 tax code.