The question of whether one should finance, buy cash or lease
an equipment or any other depreciable asset, often comes up.
Most of us - including accountants like myself are at a loss, for an accurate answer.
Joseph Tavana - C.A. (Canada), FCA (England and Wales)
Lease or Buy Choice Maker:
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Compares, while taking into account, cost and income tax savings.
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Calculates income tax savings by taking lease payments, interest payments and
depreciation as deductions and applying an appropriate tax rate to those deductions.
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Takes into account the opportunity cost/benefit of a cash purchase.
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Calculates taxes saved on interest income from the available cash used
for the purchase.
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Takes into account the time value of money by
calculating the present value of costs
and tax savings.
LAST BUT NOT LEAST!!
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Automatically, generates a professionally prepared letter in MS Word
addressed to your client.
Price: CDN $29.90 FREE