BizSugar.com › Taxes › Everything You Need to Know About Buying or Leasing a Business Vehicle in 2020 

Just about every business needs a vehicle. Some use cars to visit customers, clients, vendors, or run business chores—to the bank, to see an attorney or other business advisor, or to scope out new business. Others use vans to carry tools of the trade to worksites. And still, others use cars or trucks to make deliveries or tote equipment. Whatever the purpose, business practicalities and tax rules impact buying and leasing business vehicles in 2020.