Buy vs Lease Business Equipment

The tax rules for deducting the computer software costs of your business

Business Deductions, Business Expenses, Business Technology, Buy vs Lease Business Equipment, Deductions, Depreciation Deduction (Section 179), Income Tax, Leasing, Software / Douglas Freeman

Do you buy or lease computer software to use in your business? Do you develop computer software for use in your business, or for sale or lease to others? Then you should be aware of the complex rules that apply to determine the tax treatment of the expenses of buying, leasing or developing computer software. […]

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Buy vs. lease: Business equipment edition

Assets, Buy vs Lease Business Equipment, Section 179, Tax Cuts and Job Acts (TCJA) / Douglas Freeman

Life presents us with many choices: paper or plastic, chocolate or vanilla, regular or decaf. For businesses, a common conundrum is buy or lease. You’ve probably faced this decision when considering office space or a location for your company’s production facilities. But the buy vs. lease quandary also comes into play with equipment. Pride of

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