Remarkable Results Radio Podcast

Thanks to our partners, NAPA TRACS and PromotiveWelcome to another episode of Business by the Numbers, hosted by Hunt Demarest, CPA, with Paar Melis & Associates. This week, we're diving into the pros and cons of leasing versus buying vehicles and equipment, covering critical tax implications and cash flow considerations. Whether you're eyeing a new luxury SUV or financing essential shop equipment, this episode breaks down the factors that influence your financial decisions.Key Points:Leasing vs. Buying: Understand the key differences, from cash flow management to tax deductions, when deciding whether to lease or purchase vehicles or equipment.Tax Implications: Learn how vehicle weight (like the 6,000-pound gross vehicle weight rule) affects first-year deductions.Leasing Equipment: Discover why leases dominate the automotive equipment industry and how they’re treated for tax purposes.Cash Flow Management: Explore how financing options impact cash flow, both short and long-term.Real-Life Scenarios: Gain in