Your business may want to show its gratitude to employees and customers by giving them holiday gifts or hosting parties. It’s a good idea to understand the tax rules associated with these expenses.
Some Holiday Parties and Gifts are Tax Deductible
Tag: fringe benefit
Fringe Benefit: Using a Company Vehicle
The use of a company vehicle is a valuable fringe benefit with tax benefits for owners and employees of small businesses.
Follow these Rules for your Employee Educational Assistance Program
Many businesses provide educational assistance programs so their employees can improve their skills and gain additional knowledge.
How to Withdraw Cash from your Corporation
Owners of closely held companies are often interested in how you can easily withdraw cash from your corporation at the lowest possible tax cost.