Section 179 Tax Deductions | Build a Stronger Business
At Morris Ford, we want to help your business thrive. One way we do this is by helping you take advantage of every benefit available to you. With Section 179 tax deductions, you're able to protect your business's bottom line while also getting the equipment you need to take your business to the next level. Take your business's finances to the next level with Section 179 tax deductions.
What is Section 179?
Section 179 is an IRS tax code that gives businesses the freedom to deduct up to 100% of the cost of qualifying equipment in the year the equipment is placed into service. To qualify, new or used vehicles must be used for business purposes at least 50% of the time. Here are a few details you should know.
- Maximum deduction for 2026: $2,560,000
- Bonus Depreciation: 100% (Applies after Section 179)
- New and used vehicles qualify for Section 179
- Certain SUVs (6,000 - 14,000-pound GVWR): $32,000 max first-year Section 179
- Phase Out Begins: $4,090,000
- Fully Phased Out: $6,650,000
Key Advantages of Section 179
- Your business receives an immediate reduction of taxable income instead of writing off deductions, a little at a time.
- Improved year-end cash flow planning.
- The capability to reinvest your tax savings back into your business operations.
- You can choose from a variety of qualifying equipment to support your business objectives.
Qualifying Ford Models
Here is a list of Ford models over 6,000 pounds that may qualify under this program.
- Ford F-150®
- Ford F-150 Lightning®
- Ford Super Duty®
- Ford Transit®
- Ford Explorer®
- Ford Expedition®
Reasons to Choose Morris Ford
You're in great hands when you choose Morris Ford. Our knowledgeable and caring team members go the extra mile to ensure you have everything you need to flourish. Whether you need support with commercial financing options, finding the right automobile for your business, or insight to Section 179, our team is here to help. Contact us today and let us show you the difference we can make in your journey.
How can we help?
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Morris Ford
872 Saratoga Road
Burnt Hills, NY 12027
- Sales: (800) 252-0104
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