Fringe Benefits Archives

Making Withdrawals From Your Closely Held Corporation That Aren’t Taxed As Dividends

Posted on February 14, 2022April 4, 2022

Do you want to withdraw cash from your closely held corporation at a minimum tax cost? The simplest way is to distribute cash as a dividend. However, a dividend distribution […]

Many Tax Amounts Affecting Businesses Have Increased For 2021

Posted on March 1, 2021March 1, 2021

A number of tax-related limits that affect businesses are annually indexed for inflation, and many have increased for 2021. Some stayed the same due to low inflation. And the deduction […]

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