Tuesday, November 11, 2008

WSJ: Leasing / Section 179

A good discussion of leasing, but with an error:

http://online.wsj.com/article/SB122637531714016677.html?mod=todays_us_marketplace#articleTabs%3Darticle

The error: you can finance with a lease and take advantage of the Section 179 deduction this year for the full value of the equipment, not just the amount of payments made. See here:

http://www.section179.org/section_179_leases.html