what's practical for luxury passenger cars for closely held

Technical topics regarding tax preparation.
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C and S corporations where the vehicles are > 50 pct documented biz use by shareholder/employee.

assume purchase terms and insurance costs are same for either the corp or individual owning the car.

either way, the shareholder/employee will use corp credit card for fuel/repairs (though if EV, probably home charging)

how to look at the trade offs of ease of compliance vs tax benefits?

re lease vs buy. Ignoring the economics of that, are tax benefits higher for leasing?

if you've seen a good article or short webinar, please post.
 

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