Quote:
|
Originally Posted by phogirl69
If I am just a regular webmaste working from home in front of the pc all day and
don't go on business trips/meetings ever, can I really get away "leasing" a company car if I'm not incorporated? I am curious how to justify that to the IRS, since I'm not a sales person driving around or whatever, how would I justify something like that? Can a webmaster who just works from home and stays home all the time really lease a car and write it off for business? I don't see how I could but it would be very nice though.
|
The whole principle of leasing stuff like cars is little less than loan sharking. It's just another scam to enable car manufacturers to move stock from the lot where the purchaser pays thru the nose for a product he/she will never own. Tho another "sales pitch" is the alleged tax advantages where real life is often way different.
Sure, leasing if fine if a company wants a bit of income-generating equipment (ie where the income exceeds the leasing cost), and they can dump it and get a replacement after X years.