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133 \\ Lease vs Buy: CPA Advice on Business Equipment, Vehicles & Tax Savings

Author
Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert
Published
Mon 26 Aug 2024
Episode Link
https://smallbusinessfinance.podbean.com/e/133-lease-or-buy-the-ultimate-guide-to-deciding-on-business-equipment-vehicles/

In this episode, we tackle a key small business finance question: should you lease or buy business equipment and vehicles? Using real-world examples, we break down the pros and cons of both options so you can make smart money decisions. Learn how leasing affects cash flow, tax deductions, and staying current with technology. Understand how buying impacts tax savings, asset ownership, and long-term costs. If you’ve ever wondered about the best way to handle a vehicle or equipment purchase for your business, this episode will give you clear CPA advice on what to consider before making a move. Perfect for small business owners who want better tax strategies and smarter financial planning.


 


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