Section 179 Tax Deductions
A Smarter Way to Protect Your Business
Give your business the support it deserves, using the resources at your disposal. Section 179 is a federal program that allows small businesses to deduct the depreciation of qualifying equipment. Tax deductions are nothing new. However, in the past, businesses only had the option of deducting depreciation over the years. Section 179 allows you to make this deduction in the year that the qualifying equipment is placed in service.
Our lineup offers qualifying vehicles you can employ to help your business thrive. Whether you need an SUV, pickup truck, or van, Section 179 is your partner, giving your bottom line a helping hand. Learn more about this program when you contact the team at Timber Ford of Hayward.
Section 179 Tax Deductions for 2025
Section 179 is the perfect tool to use when you're looking for ways to add to your business fleet while making the necessary deductions to keep your net income positive.
Want to learn more about Section 179 Tax Deductions in 2025? We can help.
Deduction Limit in 2025 is $1,250,000
This is your annual deduction limit. It applies to qualifying new and used vehicles, but you must finance or lease them between January 1, 2025, and the end of day on December 31, 2025, to qualify for the 2025 deductions.
Spending Cap on Equipment Purchases in 2025 = $3,130,000
This is the maximum amount your business can spend on qualifying equipment in 2025 before the deduction is reduced on a dollar-for-dollar basis.
Bonus Depreciation in 2025 = 40%
Once the Section 179 Spending Cap is reached, the Bonus Depreciation will take effect. The Bonus Depreciation is available for new and used models.
Learn More About Section 179 Tax Deductions
Contact the experts at Timber Ford of Hayward to learn more about Section 179. We look forward to helping your business thrive.
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Timber Ford of Hayward
16826W Hwy 63 S
Hayward, WI 54843
- Sales: (715) 634-2829
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