August 2019 - Landmark
Fringe Benefit: Using a Company Vehicle

Fringe Benefit: Using a Company Vehicle

The use of a company vehicle is a valuable fringe benefit for owners and employees of small businesses. This benefit results in tax deductions for the employer as well as tax breaks for the owners and employees using the vehicles. (And of course, they get the nontax...
Is S Corp Status Right for Me?

Is S Corp Status Right for Me?

Operating a business as an S corporation may provide many advantages, including limited liability for owners and no double taxation (at least at the federal level). Self-employed people may also be able to lower their exposure to Social Security and Medicare taxes if...