IT'S TAX TIME AGAIN

ARE YOU LOOKING FOR WAYS TO REDUCE THE TAX BITE?

LEASING MAY BE PART OF THE ANSWER.

Most business owners are looking for ways to reduce taxes and leasing may help.  Why not pay for your equipment and vehicles in a way that could reduce taxes!  The example below is intended to show the potential of how leasing can be advantageous.  It is not intended as tax advice.  We suggest that you discuss this illustration with your tax advisor to determine how it will affect your situation.

When a lease is structured correctly, it can provide a potential tax benefit.  That's because the lease payment is a fixed expense and it is paid out of gross profit (Pre-Tax Dollars).  The payments reduce the taxable gross profit; therefore the tax bite is reduced. 

If a business entitiy is in the 34% tax bracket (Maximum Corporate Tax Rate), it will save 34 cents in taxes on every dollar it pays in the lease payment (Sales Tax included).

Here's the example:

CLICK ON THE EXAMPLE TO ENLARGE

In effect, Uncle Sam is picking up 1/3 of the total cost.  In addition to the potential tax benefit, a lease requires no down payment or large cash outlay.  Lease financing is 100% financing which means the business entity will preserve its cash and its lines of credit for its working capital needs.

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OUR SERVICES - What we do

Services provided by Northwest Fleet Lease Corp      
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FUEL ECONOMY

Because of the high cost of fuel I decided to do some research on fuel economy to see which vehicles get the best MPG (Miles Per Gallon).  Listed below are 35 vehicles with the best MPG that I could find.  These are the Government MPG ratings.   As you will see, Hybrids are on top of the list.  With the high cost of fuel I believe we will see more hybrids as well as a burst of electric cars in 2012.

This may not be an all inclusive list.   You can check other vehicles by going to http://www.fueleconomy.gov/

Click on the list to enlarge

We Lease Used Vehicles

Have you considered leasing a used vehicle?  With the high cost of new vehicles it may make sense to lease a one or two year old vehicle.  Let someone else pay the first year or two of depreciation. 

We call it "LUV"

- Leasing a used vehicle with Northwest Fleet Lease can   save thousands of dollars!
 
- Most vehicles we buy are still under the manufacturers' warranty, but our cost is far less than buying new.
 
- Northwest Fleet Lease can supply everything from a Toyota, Honda, Kia, Hyundai, Ford or Chevrolet to a BMW or Mercedes!
 
- We can also add options like Navigation, DVD players, Leather or even trailer hitches.  We can "build" your dream car.
 
- If you visit our inventory you will see that the lease rates come with no down payment, so the only costs "up front" are for license and documentation fees and the first months payment.
 

Check out our inventory at http://www.nwfl.com/
Feel free to call me at 425-251-6000