Take advantage of these tax deductions for your small business when you purchase a New Ford Truck by December 31st!
Growing your business in this economy can be challenging, but using tax strategies can help you obtain your goals. If you are looking to invest in your infrastructure you may be eligible for the section 179 deduction. This section allows businesses like yourself to take write offs on equipment purchases like vehicles and trucks.
On Tuesday, December 16, 2014, Congress passed the Tax Extenders Bill which extends several 2013 tax benefits through the 2014 tax season, including raising the limit of the Section 179 tax deduction allowing small business owners to depreciate the full cost of their vehicle purchase the first year (rather than depreciating over a number of years). Prior to this bill, the maximum 2014 deduction was $25,000, but with the passage of this bill into law the limit increases to $500,000 for the 2014 tax year. If you are looking to take advantage of this extension time is running out so consult your local Ford dealer to get the returns your business deserves.
May be able to deduct up to 100% of the purchase cost in the first year. The Ford F-150 is our ultimate work truck. If you need to haul a big load, the F-150 has impressive payload capacity. And that's not all. The available tailgate step and box side steps provide easier access to the cargo box.
2015 Super Duty
May be able to deduct up to 100% of the purchase cost in the first year. The guys who own work trust the capable Ford Super Duty. The available 6.7L Power Stroke V8 Turbo Diesel delivers 860 lb.-ft. of torque and 440 horsepower. That can help the Ford Super Duty with heavy-duty towing and hauling applications.