Personal Income Tax Planning

This PodCast deals with the issues involved with having cars that are used by employees, and the various rules that employers need to deal with in that situation.  While arguably not as 'exciting' to tax practitioners as issues dealing with estate planning, entity selection and the like (we get excited by strange things), clients are often extremely interested in getting company autos to certain employees, far more interested than the dollars involved would suggest they should be. We look at the employment tax issues related to the company car, as well the requirements to meet the various 'simplified' rules available for this purpose.The materials can be downloaded at http://edzollars.com/2006-09-01_Employee_Cars.pdf . This Podcast is sponsored by Leimberg Information Services, Inc. at http://www.leimbergservices.com Please visit our software, books, and PowerPoint Presentations site at http://www.leimberg.com