Return to site

Are there any tax benefits to leasing equipment instead of purchasing?

Equipment Loans, Tax benefits, Leasing, Finance

· Equipment Loans,Equipment Leasing,Financing

Tax benefits will really depend on your company's financial situation, but a lease is often considered an operating expense instead of debt. If your company takes out a loan from the bank to buy this equipment, you will have debt on your balance sheet. If you lease that equipment, however, it's considered a operating expense, and that can be helpful for taxes and potentially make your business look better on a balance sheet.
here.

All Posts
×

Almost done…

We just sent you an email. Please click the link in the email to confirm your subscription!

OKSubscriptions powered by Strikingly