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Tax Benefits of Equipment Leasing
Equipment leasing provides tax benefits and tax advantages for increased buying power.
Equipment leasing gives businesses several advantages.
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Tax benefits |
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- By carefully structuring the lease purchase with you accountant, certain types of lease buyouts, such as FMV, can give tax advantages for your company.
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Off Balance Sheet |
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- Leasing does not get reported to your balance sheet; therefore, your company's net worth increased giving you more working capital.
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In addition to the advantages of conserving valuable company working capital and preserving existing bank credit lines, leasing business equipment rather than paying cash may offer tax benefits. Please consult your Accountant or CPA about any potential tax benefits.
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