The Section 179 tax deductions are designed to help eliminate the expenses associated with your business vehicle purchase. You can deduct the depreciation costs for the first year and save thousands of dollars, or more, at tax time.
This allowance can be used to deduct up to 100 percent of qualifying purchases in the first year. You can contact your local tax specialist for more information about Section 179 and the tax breaks available to you in Memphis, TN.
Businesses know that taxes can be confusing, and you may find yourself worrying that you didn't write off as much as you could have. Well, our commercial Ford dealer in Tennessee helps our customers understand their taxes when buying a new work truck or van from us. We've helped many businesses understand Section 179 tax benefits and how they can get your company a new Ford commercial vehicle that helps you grow. Read on for more details on commercial vehicle deductions and our dealership in Memphis!