Article Date:
December 2022
Word Count:
367
Q&A: Two More Reasons NOT to Rent Equipment to Your Corporation
Question
We are CPA subscribers, and we love your newsletter.
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.
Log in to view full article
You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter
with a money-back guarantee
Cookie Notice
This website uses cookies and similar technologies to support essential site functions, maintain security, remember your preferences, and improve your experience. By continuing to use this website, you acknowledge our use of cookies as described in our
[Privacy Policy].
