jack97
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Tough to depreciate anything when you are leasing it.
The goal of any business is to make a profit. If you load yourself up with debt, you just become another Les Otten with the inevitible catastrophe.
Last four companies I was employed, we leased the pc, intranet and any type of support equipment. Another place they lease the motor vehicles.
Yes, the goal is make a profit but some of the laws are such that tax payment can be significantly reduced. Case in point, during the last NFL lockout, owners were saying their franchise were break even, the players union force them to open the books, then they realized how much money (or profits) the owners and their family were pocketing from their job titles.... the books did show minimum profits because the payroll was so high. Any business that is privately held will do the same to some extent, alter the payroll to minimize the tax payments.
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