Discover the 2024 Tax Benefits for Your Business with Lincoln
This tax season, Lincoln North Miami offers an exclusive opportunity for business owners to make the most of Section 179 tax deductions. Qualifying Lincoln models, like the Lincoln Navigator and Lincoln Aviator, offer premium luxury with the added advantage of potential tax savings.
Why Now?
With vehicles purchased and put into service in 2024, your business may be eligible for significant tax deductions. These eligible Lincoln models are designed with the power, space, and sophistication to meet business and personal needs.
Program Highlights:
- Eligibility: Vehicles over 6,000 pounds GVWR, used exclusively for business.
- Tax Deduction: Benefit from partial deductions and bonus depreciation when using these models as part of your business operations.
Why This Matters for Small Business Owners
With Section 179, small business owners can benefit financially while enjoying the sophistication of Lincoln vehicles. By choosing a qualifying Lincoln model, like the Navigator or Aviator, your business can deduct a portion of the vehicle's cost, reducing your tax liability. This advantage is particularly valuable for businesses seeking luxury and practicality in their fleet.
Explore the Eligible Models
Lincoln's lineup includes models that offer both style and utility, designed to enhance your business image:
- Lincoln Navigator: The Navigator combines spacious seating and luxury amenities, making it a perfect choice for executives or client transport.
- Lincoln Aviator: With a blend of power and elegance, the Aviator is ideal for those who need versatile, upscale transport with cutting-edge technology.
How to Take Advantage
- Act Before Year-End: Purchase and place your chosen vehicle in service by December 31, 2024, to qualify for the deduction.
- Ensure 100% Business Use: To maximize your deduction, use the vehicle primarily for business.
- Consult Your Tax Advisor: Lincoln North Miami encourages clients to discuss Section 179 benefits with a tax professional to understand the deduction limits.
With Lincoln North Miami's knowledgeable team, you'll find a vehicle that fits your business needs while taking advantage of valuable tax incentives.