company-owned auto

Why the Company Auto Is Still a Valued Fringe Benefit – Part II
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Why the Company Auto Is Still a Valued Fringe Benefit – Part II

Articles, Business Taxation

Why the Company Auto Is Still a Valued Fringe Benefit – Part II

The company auto is still a valued fringe benefit. Part II of this article focuses on the rules for personal use valuation, recordkeeping requirements, and business auto deductions for the employer.

By Brett Davidson|2022-12-09T11:34:18-05:00September 27th, 2019|Articles, Business Taxation|0 Comments

Why the Company Auto Is Still a Valued Fringe Benefit – Part I
Gallery
Why the Company Auto Is Still a Valued Fringe Benefit – Part I

Articles, Business Taxation

Why the Company Auto Is Still a Valued Fringe Benefit – Part I

For years, many small to medium-sized companies have considered company-owned autos to be a “popular perk” or fringe benefit. Having a company-owned auto yields many non-tax as well as tax benefits for the company and the employee.

By Brett Davidson|2022-12-09T11:44:09-05:00August 30th, 2019|Articles, Business Taxation|0 Comments