Question
An employee uses her employers auto 75 percent for business and 25 percent for personal use. The personal use is taxed to her as income.
An employee uses her employers auto 75 percent for business and 25 percent for personal use. The personal use is taxed to her as income. What percentage of the auto can the employer consider business use and depreciate? Will your answer change if the employees business use decreases to only 35 percent?
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Auditing IT Infrastructures For Compliance
Authors: Martin Weiss, Michael G. Solomon
2nd Edition
1284090701, 978-1284090703
