Recent changes to tax law and accounting rules may affect whether you decide to lease or buy equipment or other fixed assets. Many businesses that have typically leased assets are now buying them instead. Lease payments generally are deductible, but buying allows you to take advantage of expanded Section 179 and bonus depreciation deductions to potentially write off the full cost of equipment in the year it’s purchased. Also, the accounting advantages of leases generally are disappearing. We can help you determine whether leasing or buying is better for you.