Click here for immediate legal advice
from a lawyer
    Home    Services    Downloads    Qualifications    Tax Forms    Hot Line    Order Now       Contact Us
The Official Website of Spiegel & Utrera, P. A.

Spiegel & Utrera, P.A. is a fully licensed law firm that delivers professional legal services at extremely affordable prices.
"There are only two types of people. Those in business and those who wish they were!" -- Larry Spiegel, Esq.
 

The Benefits of a Motor Vehicle Lease

1. Provides the shareholder a framework for creating a valuable tax deduction when allowing the corporation to use the shareholder’s vehicle in the business.
2.
Provides a framework for the creation of tax-free money received by the shareholder paid by the corporation.
3.
Defines the exact monthly rental paid by the corporation to the shareholder for use of the vehicle.
4.
It documents the actual commencement date and length of the lease agreement and allows for automatic renewals of the lease agreement to avoid additional lease preparation costs in the future.
5.
Provides the corporation with a framework for valuable tax deductions, that is, the deduction of the amount paid to the shareholder.
6.
It is a legally binding, written lease agreement between the corporation and the shareholder for use of the shareholders vehicle.
7.
In case of any litigation against the corporation, it prevents the vehicle from being in jeopardy of judgement creditors, writs of execution or attachments.

HERE’S HOW IT WORKS:

1. You lease the automobile or truck that you currently own to the corporation.
2.
The corporation pays you rent each month for the use of the vehicle used for business purposes and the corporation assumes responsibility for maintenance and insurance for the vehicle.
3.
The rent paid by the corporation is a business expense and tax deduction for the corporation.
4.
The rent you receive from the corporation is personal income and reported on your individual tax return.
5.
However, this personal income to you is easily offset by expenses you incur with the vehicle, such as the interest and depreciation.

Another feature is that by keeping the vehicle in your name, you will probably continue with a much lower insurance rate on the automobile or truck as opposed to steep commercial insurance rates.

To order your motor vehicle lease, call the Spiegel & Utrera, P.A. office nearest you
or
Visit our Agreements Site for Leasing and Ordering Information

Also perform your Free Agreement Search here
 

For an easier to print version of this information
please click on this link

You'll need Adobe Acrobat Reader to view this Download

Get Acrobat Reader

 

Would you rather speak to a lawyer? A Spiegel & Utrera, P.A. associate is ready to take your call.

Spiegel & Utrera, P.A.

Back To Top

Copyright ©MMI, ©MMIV, ©MMV Spiegel & Utrera, P. A.
All Rights Reserved
View this site in Français  Español  Italiano  Deutsch  German  Português
 

Spiegel & Utrera, P.A. and Amerilawyer.com
Privacy Policy

Spiegel & Utrera, P.A. and Amerilawyer.com
Service Terms & Cancellation Policy

 
Client Bulletin Board
Annual Corporate Compliance Checklist
Annual Corp/LLC Worksheets
Annual State Reports
Change of Address
Pay Your Bill Online
Mission Statement

Spiegel & Utrera, P.A.
Headquarters


 
 
General Counsel Club

Join and be entitled to Unlimited Access
Unlimited Legal Assistance
One year subscription to our News Letter:
Entrepreneur's Alert®
plus
FREE Advertising on
 www.amerilawyer.com and much more!
All for less than 40cents per day
 

 
 
Agreements Prepared & Reviewed
Business Purchase or Sale Agreement, Confidentiality, Non-Disclosure, Employment, Independent Contractor and hundreds more!
Also Agreements & Leases Reviewed
 
Click now for your:
FREE Search
 
 
Shelf
Corporations
(Reddi Corps)
A Reddi Corp is a corporation that, for many months or even years, has already been established and is recorded with the Secretary of State. Corporations are available for immediate delivery with a Federal Tax ID #
Select your state:
Florida  California
New York  New Jersey
Illinois  Nevada
Delaware