Section 179 Tax Deduction

POTENTIAL TAX BREAKS WHEN YOU BUY
A NEW FORD COMMERCIAL VEHICLE

Have you become familiar with the Section 179 tax deduction? This IRS initiative was drafted to assist small businesses grow and develop, and the friendly staff at your Spokane Ford dealer is eager to fill you in on many advantages the Section 179 program offers for your business. The tax code will allow you to deduct from your gross income the purchase price of qualifying business software and equipment - up to $1,000,000* - that your business financed or purchased during the business calendar. Qualified software and equipment are eligible for a deduction worth the full purchase price, letting you earn money back when filing taxes at the end of the year!


 

The Section 179 tax deduction was placed in the ledger by the U.S. government in 2010 to spark the growth of small businesses. To take full advantage of these tax deductions, you must buy and use the software and equipment by the 12/31/2019 expiration date. For passenger vans, trucks, and other commercial vehicles that are used for greater than 50 percent in a qualified manner, the total depreciation deduction will include both 179 expense deduction and 100 percent Bonus Depreciation. The Bonus Depreciation now includes used equipment and is usually applied once larger businesses reach the Section 179 spending cap.


The professionals at Wendle Ford are waiting to take you on a tour of our inventory of Ford commercial models, and encourage you to invoke all clauses within the Section 179 tax deduction that benefits you. We welcome you to our dealership to scope out the lineup of new Ford commercial models, including the Ford Transit, Ford F-250 Supercab, and even an exotic selection such as a Ford F-550 XL Chassis. Stop by your Spokane Ford destination today or call Commercial Sales Manager Brooke Blevins at 509-402-1214 and ask how you can take advantage of the Section 179 tax deduction!



*See your tax professional for details

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  1. Wendle Ford

    9000 N Division St
    Spokane, WA 99218

    • Sales: (509) 468-9000
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Hours

  • Monday 8:00AM - 8:00PM
  • Tuesday 8:00AM - 8:00PM
  • Wednesday 8:00AM - 8:00PM
  • Thursday 8:00AM - 8:00PM
  • Friday 8:00AM - 8:00PM
  • Saturday 8:00AM - 7:00PM
  • Sunday 10:00AM - 6:00PM

Contact

Wendle Ford

9000 N Division St
Directions Spokane, WA 99218

  • Sales: (509) 468-9000
  • Service: (509) 468-9000
  • Parts: (509) 468-9000
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