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Hire Your Kids

Hire your children this summer: Everyone wins

  • Jul 28, 2019
  • Tax

If you’re a business owner and you hire your children (or grandchildren) this summer, you can obtain tax breaks and other nontax benefits. The kids can gain on-the-job experience, save for college and learn how to manage money. And you…

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Car Driving Into The Sunset

Personal Use of Company Vehicle Update

The IRS recently announced the inflation-adjusted maximum value of an employer-provided vehicle under the vehicle cents-per-mile rule and the fleet-average value rule. Employers can use the rules to value an employee’s personal use of such a vehicle for income and…

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