Understanding Fringe Benefits: An Essential Guide for Employers In the competitive world of business, attracting and retaining top-quality employees is key and knowing what are fringe benefits is important. One effective strategy is offering fringe benefits – additional perks that complement an employee’s standard salary. But what exactly are fringe benefits, and how can they […]
The Ultimate Tax Guide To What Are Fringe Benefits Read More »
Health insurance premiums are a deductible business expense. However, the manner in which you deduct them depends on your business type. S-Corporation Shareholders and Health Insurance If you’re a 2% or greater S-Corp shareholder, you can either be reimbursed for health insurance premiums or pay the insurance directly. Ensure the amount paid is reported on
Health Insurance Deductions & Tax Credits: A Guide for Businesses Read More »
Are you wondering, “What assets can I depreciate to maximize my tax savings?” Some common assets that you can depreciate, according to IRS guidelines, include: Computers/Laptops Furniture & Fixtures Vehicles Machinery/Equipment Other Assets with a business purpose This list is not exhaustive, and other assets may also qualify for depreciation deductions. Always be sure to
Discover Eligible Assets for Depreciation For Tax Savings Read More »
2100 Travis St. Suite 230.
Houston, TX 77002
713-234-5112
All copyrights reserved to www.jagcpa.com
Every Month we will send you rock solid business and non-profit advice that you can quickly implement to generate more profits, peace of mind, and strategies FAST!
