We here at Hernandez & Company feel that an informed client is our best customer. e-mail Newsletter Archive

Driving the Company Car There are many valid business reasons for having a company car. For example, most businesses will need a car at some point so that the owners or employees can visit customers, make deliveries, and travel to industry conferences. Expenses related to cars that are used 100% for business purposes are fully deductible by the business.   Unexpected Consequences with Employer Retirement Plan Loans It's not unusual for retirement plan participants to have the opportunity to borrow a portion of their vested balance from the plan.