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  • Ahuva Gruen

Auto leases

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.


Why?


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. 😉

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