Year-End Tax Savings Opportunity!

SMALL BUSINESS CUSTOMERS MAY CLAIM

UP TO $510,000 TAX DEDUCTION


The IRS Accelerated Tax Deductions for 2017 for qualif ied small business owners end on 12/31/17. You still have an excellent opportunity until 12/31/17 to minimize your 2017 tax liability by purchasing a new qualifying car, truck or sport utility.

Plus, under the PROTECTING AMERICANS FROM TAX HIKES ACT OF 2015 ( law enacted 12/18/15 ) qualified business owners who purchase a NEW SUV with a GVWR ( Gross Vehicle Weight Rating ) of 6000 pounds or greater may deduct a maximum of 50% if the vehicle is used entirely for business purposes.


WHAT IS TAX SECTION 179?

The Section 179 Deduction was enacted as part of the IRS tax code in 2008 to help small businesses with their

vehicle and equipment purchases. This law allows your commercial and fleet customers to claim the full purchase

price of certain Ford vehicles totaling up to $510,000 (for eligible vehicles) as a tax deduction.


The amounts that can be deducted depend on the vehicles purchased. For example, passenger vehicles bought by a

business may qualify for deductions of $11,160, $11,560 or $25,000. A business that spends up to $2,030,000 on multiple

vehicles can take a deduction of up to $510,000.


ADDITIONAL TAX SECTION 179 FACTS

• Vehicle titles must be in the company's name

• An eligible vehicle must be used for business at least 50 percent of the time

Each individual's tax situation is unique. Therefore, please consult your tax professional to confirm vehicle depreciation deduction and tax benefits. For more details, visit irs.gov.  For vehicles that qualify as passenger automobiles under the Internal Revenue Code, there is an $11,160 per-vehicle depreciation deduction cap or $11,560 for certain SUVs, trucks and vans placed in service during 2017.  The tax incentives are available for depreciable tangible property that is acquired by purchase for use in the active conduct of a trade or business. Additional limitation based on purchases. For the 2017 tax year, the aggregate deduction of $510,000 under Internal Revenue Code Section 179 is most beneficial to small businesses that place in service no more than $2,030,000 of "Section 179 property" during the year. For every dollar spent on Section 179 property in excess of the overall limit of $2,030,000, the $510,000 expense-tax deduction decreases by a dollar. Certain vehicles, models and restrictions apply. Tax benefits may change or be eliminated at any time without notice. Consult your tax professional for details.  For vehicles that qualify as sport utility vehicles, including certain trucks and vans, under the Internal Revenue Code, the maximum amount that may be expensed is $25,000 of the total purchase price. The $25,000 expense cap contributes to the $510,000 limit and $2,030,000 investment limit under Section 179.


PLUS More Commercial Vehicle Incentives!


     





 


1. Take new retail delivery from an authorized Ford dealer's stock by 1/2/18. See an authorized Ford dealer for complete details and possible program extension 2. F-650/F-750 receive $1,000 Commercial Cash. Super Duty Pickups, Super Duty Chassis Cabs, Transit, Transit Connect and E-Series receive $500 Commercial Cash. Must be a business owner to qualify and provide proof of business: license, FIN code or certify your business on fordtoughtruck.com for eligibility. All body styles eligible. Units receiving any form of CPA (56A), GPC, Long-Term Rental (56K) or other concessions are ineligible. Take new retail delivery from an authorized Ford dealer's stock by 1/2/18. Restrictions apply. See an authorized Ford dealer for qualifications and complete details. 3 Must be a business owner to qualify for these incentives. Not available on factory-installed options. Units receiving any form of CPA (56A), GPC, Long-Term Rental (56K) or other concessions are ineligible. Take new retail delivery from an authorized Ford dealer's stock by 7/31/18. Restrictions apply. See an authorized Ford dealer for qualifications and complete details. 4 No upfit minimum required. Receive Upfit Assistance for the entire cost of the upfit up to $500. F-Series Super Duty Pickups are also eligible for up to $1,000 Upfit Assistance with a snow plow upfit and have snow plow Prep Package 473 or 47B. 5 F-Series Super Duty Chassis Cabs are also eligible for up to $1,250 Upfit Assistance with a snow plow upfit and have snow plow Prep Package 473 or 47B. 6 No upfit minimum required. Receive Upfit Assistance for the entire cost of the upfit up to $1,000. 7 Customers that currently own or lease a 1995 or newer competitive vehicle will receive Conquest Cash toward the purchase or lease of a new 2017 Transit. See an authorized Ford dealer for complete details. Take new retail delivery from an authorized Ford dealer's stock by 1/2/18. 8 No upfit minimum required.  Receive Upfit Assistance for the entire cost of the upfit up to $500. Take new retail delivery from an authorized Ford dealer's stock by 1/2/18.

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