2018 SPECIAL TAX NOTICE – IRS Section 179 provides a great opportunity for small business owners to invest in new equipment and realize tax write-offs on their 2018 IRS tax returns .This is a great tax benefit your customers can leverage to buy a new Ford and get a big write-off! Normally, small businesses must spread deductions over several years.

Key Details:  IRS Section 179 Details: 

• The tax benefits permit many small businesses to write off up to $1,000,000 of qualifying new equipment in the first year it is placed in service on their 2018 IRS tax returns 
• The qualifying vehicle must be purchased and placed into service between January 1, 2018 and December 31, 2018 
• Must be used more than 50% for business, based on mileage, in the first year it is placed in service  I
• f you choose to use it for both personal and business use, the cost eligible for deduction would be the percentage used for business 
• Note that all businesses that purchase and/or finance less than $2,500,000 in business equipment during tax year 2018 should qualify for the Section 179 Deduction
• Also please, consult with your Tax Consultant or Advisor for further current information applicable to your situation. As this is only to inform you of possible Tax Advantages you maybe eligible for. HURRY! MUST ACT BY DECEMBER 31, 2018 TO GET DEDUCTION FOR THE 2018 TAX YEAR