Illinois leasing law change

If you’re an Illinois resident who has ever considered leasing rather than financing a new car, you’re probably well aware that the tax laws have not exactly been in your favor in that department. More specifically, Illinois has for some time been in the stark minority of states to to tax the  entire value of the vehicle for a lease, and now the Illinois leasing law change that’s gone into effect on January 1, 2015 will create a vastly different — and beneficial — situation for those looking to lease.  Read the rest of this entry >>