Hey there! If you own a business in the Bay Shore area, listen up. There's a beneficial tax break called the Section 179 deduction that you should know about. Well, that’s if you want to save tens of thousands of dollars for your business vehicles. If not, then this blog isn’t for you.
What Is the Section 179 Deduction?
So what exactly is the Section 179 deduction? In simple terms, it lets you subtract the full cost of certain vehicles from your taxes in the year you buy them. The price of these vehicles can become a write-off on your taxes. By deducting the full purchase price of qualifying equipment and/or software, just imagine how much you could add to your bottom line in Brentwood. Ready to make this work for you in Lindenhurst, NY?
Commercial Vehicles Can Qualify
One of the best things about Section 179 is that many commercial vehicles, like trucks and vans, can qualify for the deduction. If you use a vehicle for business more than 50 percent of the time, you may be able to write off a big portion of the purchase price. For businesses in Brightwaters, this presents a great opportunity to upgrade your fleet.
At Newins Bay Shore Ford, we have a huge selection of commercial vehicles that may be eligible for the Section 179 deduction. From pickups to box trucks and full-size SUVs, we can help you find the perfect vehicle for your business needs. As long as the gross vehicle weight rating (GVWR) of the model is between 6,000 and 14,000 pounds, it qualifies. For more info, contact your local tax specialist and get the answers you need.
Affordable Financing Options
Now, you might be thinking, "I'd love to get a new commercial vehicle, but I don't know if I can afford it." Well, I've got good news for you. At Newins Bay Shore Ford near Islip, NY, we offer fantastic financing options that can make your purchase much more budget-friendly. We work with businesses in West Babylon and the surrounding areas to find payment plans that fit their needs.
In addition, when you combine our financing with the savings from the Section 179 deduction, getting a new vehicle for your business becomes a whole lot easier. It's like a one-two punch of savings! If you're in Lindenhurst, come on down and talk to us about your options.
Newins Bay Shore Ford
So there you have it - the Section 179 deduction in a nutshell. It's a great way to save a lot of money on your taxes when you invest in your business. And at Newins Bay Shore Ford near Brightwaters, NY, we're here to help you take advantage of this opportunity with our big selection of commercial vehicles and easy financing. Come see us today!