In 2006, if a car with a fair market value in excess of approximately $15,200 is leased ($16,700 for trucks), you must add back an additional amount (i.e., subtract it from your otherwise deductible amount) to offset a portion of the lease payments.
If you are an employer and you provide a vehicle to an employee for an entire year, you may value the use of that vehicle (a fringe benefit to your employee) by using the vehicle's annual lease ...
Should a theft, fire, or other catastrophe hit your business, you'll want to quickly and accurately determine what you've lost. You'll be aided in making this determination if you've taken the time ...
For many small business owners, buying a reliable used vehicle to use in their business makes more sense than buying a new one. By doing so, a business owner can save thousands of dollars on a ...