Lease Versus Purchase: What are the Tax Benefits of Leasing?

In addition to conserving company capital and maintain existing positive bank credit lines, leasing rather than paying cash also offers numerous tax benefits and savings when put together correctly. If you are working with a "true" lease, your payments can be fully expensed, thus accelerate tax deductions.

Simplified Leasing does not give tax advice. To learn more about the tax benefits of lease versus purchase, talk with your accountant or CPA to find out what tax benefits are available to you in your state.

View the detailed Tax Benefits of Leasing and IRS Instructions.