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Article Date:
December 2022


Word Count:
367

 

 

Q&A: Two More Reasons NOT to Rent Equipment to Your Corporation


Question

 

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We have two questions about renting equipment to your corporation, as you discussed in Rent Equipment to Your Corporation; Qualify for Section 179 Expensing.

 

1.

Does the taxpayer incur self-employment taxes on this rental of personal property?

2.

Do I need to consider potential sales tax that the state might charge? ... Log in to view full article.

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