  Under certain circumstances leasing a vehicle is often the best alternative for a business or a person who uses a vehicle in the course of business. If you lease a vehicle to use for business purposes, the lessee can deduct that part of the lease payment that is for use of the vehicle in business, whether it is your own business or you work for another. As always you should consult with your tax adviser to learn how leasing a vehicle may provide you with specific tax advantages. The Internal Revenue Service publishes two booklet which can help you determine if there is an advantage for you or your business to lease: Publication 917, "Business Use of a Car," and Publication 535, "Business Expenses." Both can be obtained by calling the IRS at 1-800-829-1040.   Who Leases Vehicles? What Is Vehicle Leasing? Is Vehicle Leasing Right For You? What Questions Should You Ask? What Are Your Responsibilities Under A Lease Agreement? What Should You Look For In A Vehicle Lease Agreement? Be Cautious! Are There Tax Advantages To Leasing A Vehicle? How To Go About Leasing A Vehicle. Comparing Leases Lease Versus Buy Comparison |