Viewing entries tagged with 'truck-lease'


Proposed Truck Lease-Accounting Rules May Harm Motor Carriers

Posted by on 8 August 2013

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If you currently lease your trucks, or you'se considering leasing, you need to know that the rules governing how you account for your truck lease are about to change. New rules haven't been  finalized yet, but they will be significantly different, requiring you to show all leases longer than 12 months on your balance sheet as an asset or a liability.

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