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| FREE NEWS ALERTS A free, comprehensive news service to keep small businesses and independent contractors posted on the latest tax developments affecting their operations.
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Wednesday, March 1 Real Estate – Rent vs. Own, #103Small-business owners often struggle with the question of whether they should lease or buy their facility. This brief contains some pointers to help you reach a decision. Renting and Leasing Rental payments for the place you do business often can be deducted as a business expense. Rent is any amount you pay for the use of property you do not own. In general, you can deduct rent as an expense only if the rent… Subscribers have free access to the archives. Click here. |
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