Providing a company car? Here’s how taxes are handled

Company Car, Corporations, Employee Benefits, Employees, Fringe Benefits For Employees, Small Business, Tax Deduction, Vehicle Expenses /

The use of a company vehicle is a valuable fringe benefit for owners and employees of small businesses. This perk results in tax deductions for the employer as well as tax breaks for the owners and employees using the cars. (And of course, they get the nontax benefit of getting a company car.) Plus, current […]

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