Meeting November 12, 2009 – Frank Costabile of Costabile & Steffens PC
Today we had a great meeting, a little light in attendance but good to see certain people’s businesses picking up once again. Bill our educational coordinator was coming direct from a client and was running late so we did not have any Bill’s Briefs today, but we look forward to starting the discussion again next week on tips and ideas to be a better networker and maximize your BNI membership.
TODAY”S SPEAKER
| Costabile & Steffens P.C. Frank Costabile 1805 Hicks Rd. Rolling Meadows, IL 60008 847-776-3700 |
Costabile & SteffensPC is a full service accounting firm that has been providing proactive tax planning and tax preparation services to their individual and corporate clients for over 30 years. Our goal is striving to make your life less taxing. |
Today Frank spoke on the pros and cons tax wise and the differences for a business buying versus leasing a vehicle. Below you will find a chart showing the breakdown of a purchased vehicle to a leased vehicle with a starting value of 46,000. But first a little about Frank and his business. Frank starting working for the firm his father started five years ago and as of this year has now purchased the firm from his father. Costabile & Steffens PC is a full service accounting firm that handles bookkeeping, sales tax returns, quarterly tax returns, tax planning, and recently they have partnered with ADP for payroll services.
Now on the to the numbers i mentioned above. the following images show a breakdown for the same vehicle purchased and leased.
PURCHASED VEHICLE
LEASED VEHICLE
To understand these numbers better or to learn more about Frank’s services please contact him from the information above. And rememebr at Costabile & Steffens, PC they strive to make your life less taxing.
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