Deducting Employee Benefits on Your Business Tax Return

Author: Noble Direct | Aug 07, 2022 | Categories: Business Development , Customer Acquisition Approach , Direct Sales , Entry-Level Marketing Jobs , Fiber-Optic Technology Distributor , Job Opportunities , Leadership Development , Leadership Skill Training , Marketing Careers , Marketing Company , Marketing Consulting Firm , Marketing Strategic Planning , Networking , Positive Work Culture , Relationship Building

The costs of benefits you give to employees—such as gifts and health plans—are deductible as expenses on your business tax return. That sounds easy, but it's not because there are many details involved in taking these deductions.

Original Article Source Credits: The Balance Small Business, https://www.thebalancesmb.com/

Article Written By Jean Murray

Original Article Posted on : April 7, 2021

Link to Original Article: https://www.thebalancesmb.com/what-employee-benefits-are-deductible-for-my-business-398953