Leasing vs. Buying a Vehicle: Maximizing Your Business Tax Deductions
When it comes to acquiring a vehicle for your business, the decision to lease or buy isn't just about upfront costs—it's also about maximizing your tax deductions. Both options offer unique advantages, but the right choice depends on your specific needs and financial strategy. This article explores the tax implications of leasing versus buying a vehicle, helping you determine which option will best benefit your bottom line.