A Company Car Is A Valuable Perk But Don’t Forget About Taxes

One of the most appreciated fringe benefits for owners and employees of small businesses is the use of a company car. This perk results in tax deductions for the employer as well as tax breaks for the owners and employees driving the cars. (And of course, they enjoy the nontaxable fringe benefit of using a … Continue reading “A Company Car Is A Valuable Perk But Don’t Forget About Taxes”