As a new Ford dealer in Heber Springs, we’ve had the opportunity to cultivate relationships with businesses all over Mountain View, Searcy, and even Morrilton over the years. And if you’re like many business owner’s we’ve served, chance as you’ve been fretting over your taxes since the start of the year. But while filing taxes isn’t fun for any small business, there may be some bright spots this year thanks to the available Section 179 tax benefits available and the attractive array of new Ford work trucks available here at our showroom near Memphis.
Now, since Section 179 is a more recent addition to the business tax code, a lot of business owners might not have heard of it before. In essence, this new tax deduction allows you to apply depreciable assets like commercial vehicles and work trucks against your current year’s tax liability, rather than capitalizing the assets and deducting against ensuing tax years. This means that if you’re a construction or landscaping company owner and looking to build up your business fleet with a new Ford truck, you can deduct some or all of the value of that vehicle from your current tax liability, provided the vehicle is put into service in this tax year.
And as compelling a value proposition as Section 179 work truck deductions can be, the new Ford commercial vehicles and work trucks we have in our showroom today are even more so. From the Ford F-150 to the Ford Super Duty and the Ford Ranger, our new Ford truck lineup is brimming with great additions to any business fleet.
Interested in learning more about Section 179 deductions or the new Ford work trucks we have in store? Make the short trip over from Conway to chat with our team at Heartland Ford today.