Ford Section 179 Tax Incentive in Bardstown, KY
Ford Section 179 Tax Incentive
in Bardstown, KY
Get the vehicles your growing business needs and save big with the Section 179 tax deduction at our Ford dealership in Bardstown, KY. Put into place by the U.S. government to assist small-to-medium-sized businesses, this tax code allows you to invest in yourself by purchasing new and used commercial vehicles. This tax code enables you to write off the cost of vehicles that are put into business at least 50% of the time. It's important to know that your Ford commercial van or truck must be put into service by December 31, 2021, to qualify. Sit down with our Ford commercial vehicle experts to learn about all the options you have available.
What Ford Trucks & Vans Are Eligible for Section 179?
Ford F-150 | Ford Super Duty® | Ford Transit | Ford Transit Connect |
To review all of the Section 179-eligible Ford vehicles for sale at our dealership, shop online or contact us. Our team can provide you with more detailed Section 179 Tax Deduction information, so reach out or visit in person to learn more!
How Much Can You Write Off with Section 179?
Businesses are able to write off up to $1,040,000 for the 2021 tax year under Section 179. Additionally, the cap to the total amount on equipment purchases is listed at $2,590,000. Once a business has surpassed this number, the Section 179 Tax Deduction will decrease until it's finalized at $3,630,000. Given these figures, the Section 179 code is most beneficial for small- and medium-sized businesses. Worried about going over the Section 179 expense limit? Meet with us to go over all the Section 179 vehicle details.