3 Expert Tips To Buy Or Lease A Car For Business
The decision to buy or lease a car for business is not only about money. Yes, there are financial considerations, but as a business owner, the right decision is what is right for you. Let’s look at 3 expert tips to consider when deciding to buy or lease a car for business. 1. What You Get […]
How To Know If You Have A True Car Lease
For tax purposes, it’s important to know if the vehicle you think you have purchased is a real purchase. The same applies for leases. In fact, ensuring that vehicle “leases” are true leases and “purchases” are true purchases isn’t just a formality. According to Frank Lyon Co v U.S. 435 U.S.561 (1978), the IRS looks […]