Section 179 Tax Deduction

The Valley Truck Center Organization wants to remind our valued Commercial Customers that time is slipping away to take advantage of this program. This incentive is a great way to get your business prepared for 2021 and if applicable enable you to save money on your 2020 tax liabilities.

In a nutshell, Section 179 allows businesses to deduct the full purchase price of equipment that is purchased, financed, or leased during that tax year.  This amount is eligible on purchases up to $1,040,000 and is deducted from your gross income, making it targeted at helping small and medium sized businesses with the cap. 

Vehicle purchases for business purposes qualify for Section 179 tax deductions. Valley Truck Centers carry five premier truck brands. We know one size does not fit all so we have one of the largest inventories of Commercial Vehicles ready to go to work for your business today.  Some of these include but are not limited to:

Check out our selection of new inventory here: https://www.valleyfordtruckinc.com/All-Models.html

Used vehicles may also apply under Section 179! Check out our selection of used inventory here: https://www.valleyfordtruckinc.com/searchused.aspx

While the Valley team is eager and ready to discuss Section 179 with you, please keep in mind that we are not Tax Professionals.  We always recommend to consult your Tax Professional before finalizing a purchase intended for the Section 179 tax deduction.