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OWNERS’ FRINGE BENEFITS, RETIREMENT, AND TAX DEFERMENT
Income tax is the fine you pay for thriving so fast.
—TOM ANTION
There are wonderful benefits to being in business for yourself. You may spend as much as you like, to improve yourself, educate yourself, care for your health, and plan for your ultimate triumphant retirement. While I won’t cover all the potential benefits here, I will include some options you won’t find anywhere else. For the ones everyone covers—you know the usual suspects—simply go to an Internet search engine (such as http://www.google.com) and type in “fringe benefits.”
Fringe Benefits and Reimbursements
When you’re an ...
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