Similar to previous years the US Federal Government has proved Business Owners with a tax liability to utilize Section 179 and purchase commercial work trucks and vans.
What is Section 179?
IRS Section 179 provides the opportunity for businesses to deduct the full purchase price of qualifying equipment purchased or financed during the tax year. That means that if you buy, finance or lease a Commercial Vehicle, you can deduct the FULL PURCHASE PRICE from your gross income. This incentive was created by the U.S. government to encourage businesses to buy equipment and invest in building a stronger domestic economy.
The Gresham Commercial Vehicle Center does not provide tax advice and we are not licensed or professional tax consultants. Please see your tax provider for complete details and qualifications. And if you do qualify to purchase Ford Commercial Vehicles under Section 179, our team will be working late December 31st.
Gresham Ford Commercial Vehicle Center
We’re proud to be the industry leader in pricing, incentives, lease and financing options, service and overall customer care of Business Customers. Our customers’ total satisfaction is supported by:
- Experienced and Knowledgeable Staff
- Largest Selection of Specialty Business Vehicles
- Courtesy Pick-up and Delivery
- Service Department with the Highest Level Trained Technicians
- Convenient Hours and Location
New 2019 Tax Guidelines provides even greater benefits for small businesses. Deduct up to the entire purchase of one or more vehicles on your 2019 IRS Tax Return.
The deduction does come with some restrictions. For instance it applies to work trucks, vans and SUV’s rated greater than 6,000 lbs. GVWR. Please contact your personal tax consultant for complete details and qualifications.
Even if you don’t find exactly what you want on our lot, we will locate it for you. Our National Locator database will find the specific vehicle you want and get it delivered.
Gresham Ford Commercial Vehicle Center is your one stop shop for delivery vehicles. We stock Transits, Transit Connects, Cargo Vehicles with side doors and Chassis Cabs.
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