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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.

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