Working Overtime? Enjoy It With Tax-Free Supper Money
Tax law often discriminates against company owners, granting them no or fewer fringe benefits. But you, the owner, are not discriminated against when it comes to supper money. It works like this: The supper money fringe benefit is for defined employees. The IRS supper money rule states that the term “employee” for this purpose means anyone who receives supper money. That means you can take this benefit for yourself, even… Read more