seep: he/she/it: seeps: present participle: seeping: past tense: seeped: past participle: seeped
If you lease a new car for use in your business, you will probably be able to deduct the lease payments from your taxes as a business deduction. However, you need to be careful and keep track of all the miles you spend in the car and whether the miles traveled are for business or personal reasons.
You can take a business deduction for 50% of the interest paid on your car loan. Add your business tolls, parking and car loan interest to your standard mileage rate tax deduction to figure your total car business expense for the year.