Section 179

Before you start scratching your head while scrolling down the page looking for sections 1 through 178, I am referring to the US IRS Tax Code. It’s day 2 of the 4th quarter rush and a lot of the new recruits have no idea why it gets so crazy in the office during this time. Most of the… Read More »

theLeaseGuy

To Whom Am I Speaking?

I called a friend of mine last night, and his 5 year old daughter answers, saying “To Whom am I speaking?” I just about busted out laughing. It reminded me of what I am doing here… who am I? And why should you care? Well the first question is easy; the second question has to do with sanity… Read More »

theLeaseGuy

Section 179 Copier Example

I just read a recent post on another blog about how Section 179 was leveraged in the copy machine sales business. Special thanks to a member of the Print4Pay Hotel, who reminded me of Section 179 in the IRS Tax Code and how it creates “urgency”. I’ll use his quote here. “Time is limited as the asset must… Read More »

theLeaseGuy

Leases and Loans the Difference between Apples and Oranges

Note: Because leasing has such a wide definition, for this article I am specifically talking about lease purchases (where the intent is to purchase the equipment at the end of the term.) What is the difference between a Lease and Loan? This is a pretty broad topic, but the basics can be covered in a succinct fashion. Technically…… Read More »

theLeaseGuy

Fast Financing Options for Small Businesses

Cash flow is essential to the life of any business, large or small. In simple terms, the proper allocation of cash resources makes it easier for a business to flourish. However, when revenue generation is at a lull, a business may need to seek funding options to ensure steady growth without interruption. Luckily, these days, there are many… Read More »

theLeaseGuy