Bill McCandless Ford
 Sales 724-604-5233
Service 724-585-8815
Parts 724-603-1511
8416 Sharon-Mercer Road Mercer, PA 16137
Today 9:00 AM - 6:00 PM Parts & Service 7:00 AM - 5:00 PM
Open Today !
Sales: 9:00 AM - 6:00 PM
Parts & Service: 7:00 AM - 5:00 PM
All Hours

Tax Benefits

 

Section 179

First-Year Expensing

A Ford truck is generally considered Section 179 property for U.S. Federal Income Tax purposes. This means a taxpayer may elect to treat the cost of any Section 179 property as an expense and allowed as a deduction for the taxable year in which the property is acquired and placed in service. A qualifying business may expense up to $1,000,000 of Section 179 property during 2018.

Consult your tax professional to determine your vehicle depreciation and tax benefits.

 

Bill McCandless Ford Mercer PA

Section 168(K)

Temporary 100-Percent Expensing

A Ford truck is generally considered qualified property for purposes of section 168(k) for U.S. Federal Income Tax purposes. This means a taxpayer may elect to treat the cost of any qualified property as an expense allowed as a deduction for the taxable year in which the property is acquired and placed in service.

Consult your tax professional to determine your vehicle depreciation and tax benefits.