Would you lease a car and can you write it off??
Have an older car I have driven forever as a work horse.Looking at trading it in for a brand new car on a lease.
Normally I wouldn't look at a lease but I am thinking I can write it off in my corporation.
I am not a tax expert and I do not want to buy a gas guzzling truck just to get a deduction.If I bought say a new Camry would they let me deduct the lease off of my corp taxes OR would it be better to buy it through the corp and make payments without a lease??
Can I deduct either way??
Thanks