Which of the following entities can provide fringe benefits to owner/employees that are not taxable to the owner/employee?
I.Sole proprietorships
II.S corporations
III.Partnerships
IV.Corporations
A) Statements I and II are correct.
B) Statements II, III and IV are correct.
C) Statements II and IV are correct.
D) Only statement IV is correct.
E) Statements I and III are correct.
Correct Answer:
Verified
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