Tax Write-Off New Ford Mt Pleasant TX
Let Ford Go to Work on More Than Just the Job Site
Now may be the best time for your small business to purchase a new Ford in 2016 with us here at Elliott Automotive thanks to the IRS Section 179 Deduction!
With just a few short weeks left in December, now’s the time to seize the best break you and your small business are going to get all year long. Though this may be news, IRS Section 179 provides a great opportunity for small business owners in Texas to invest in new equipment and get a huge tax break at the same time! No matter whether you need a fleet of Ford Super Duties for the construction zone or a Ford Transit for your catering company, Elliott Automotive has the solution for your small business. With our outstanding selection of new 2016 and 2017 Ford models and the expert finance professionals to help you secure the financing options you need, we’re certain to have just the vehicle you need and at a price you can afford.
So how does it work? Well, small businesses can get up to the maximum 2016 tax deduction when they purchase a New Ford vehicle by December 31, 2016. Thanks to the new guidelines under IRS Section 179 of the IRS tax code, many small businesses that invest in new equipment can now write-off up to $500,000 worth of these purchases on their 2016 IRS tax returns. Normally small businesses spread these deductions over several years, but now the tax benefits provided under IRS Section 179 allow many small businesses to write off up to $500,000 of qualifying new equipment in the first year it is placed in service. To learn more just follow this link to IRS.gov (Section 179 Deduction) and consult with your tax advisor to find out if your business is eligible.
Section 179 can provide you with significant tax relief for this 2016 tax year, but eligible items must be financed and in place by midnight December 31, 2016. Let our team here at Elliott Ford go to work for you and get you on the fast track to owning a new Ford vehicle for your small business. With our dedicated and professional specialists on your side, you’re certain to kick off the New Year with the best financing and most capable Ford you’d ever need. Call now to set up an appointment today!