Buy The Best For Your Business:
Learn More About Section 179
Hoping to increase productivity on the job? Looking to provide your small business with the assist that it needs? Head to the Todd Judy Family Dealerships to take advantage of the Section 179 Tax Deduction. What is Section 179? It's a tax code implemented by the U.S. government to help small- to medium-sized businesses grow and flourish. With this tax incentive, local business owners can write off the cost of vehicles that are being used for business purposes more than 50% of the time. Want to start saving this year? To claim the Section 179 Tax Deduction, your new F-150, Super Duty® or Transit Connect must be put into service by December 31, 2020. Reach out to our Ford dealerships in Charleston, WV, to see if you qualify.
Which Ford Vehicles Qualify for the Section 179 Tax Deduction?
These are just a few of the qualifying Section 179 Ford vehicles we have in stock at our West Virginia Ford dealers. Contact Todd Judy Family Dealerships to learn about all the Ford commercial vans, trucks, and passenger vehicles that qualify for Section 179.
What Are the Section 179 Tax Deduction Limits?
Businesses have the ability to write off up to $1,040,000 for the 2020 tax year, while the cap to the total amount on equipment purchases is $2,590,000. Once a business has surpassed this amount, the Section 179 deduction will decrease until it's eliminated at 3,630,000.