Enterprise Business Systems pays the $5,000 health and accident insurance policy of its owner, Gena. The business's
Question:
a. A sole proprietorship
b. A partnership
c. A corporation
d. An S corporation
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a Because sole proprietorships are not separate taxable entities sole proprietors cannot be employees of their businesses Therefore salaries and fringe benefits paid to a sole proprietor are not deduc...View the full answer
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Related Book For 
Concepts In Federal Taxation
ISBN: 9780324379556
19th Edition
Authors: Kevin E. Murphy, Mark Higgins, Tonya K. Flesher
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