Article Date:
April 2013


Word Count:
989

 

 

How to Maximize Tax Deductions on New Business-Vehicle Leases


Because of differences in tax treatment, the decision to buy or lease a vehicle for your business can either save or cost you thousands of dollars. We've done the following to help you make the right choice:

 

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Explained the key tax differences between buying and leasing (Buy or Lease: 10 Tax and Money Factors That Decide)

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Showed you how to calculate the true costs of each method (Buy or Lease a Business Vehicle: Which Costs Less?)

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Told you how to avoid tax penalties by structuring your transaction as a “true lease” or “true purchase” (See Trap to Avoid: Leasing When You Thought ... Log in to view full article.

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