live on the numbers side of the world.
But not everything is black and white.
My client was going to lease a car under his LLC.
I advised him that he’d do best if he leased it through his own name. He could still expense it.
Insurance is higher for a business account.
The banks with cheaper rates won’t approve leases that are through a business.
He’d have much more paperwork and take longer to get approved.
That’s how accountants make life easier for their clients. 😉