If a company buys disability buy-sell insurance,

If a company buys disability buy-sell insurance,



A) the business must pay tax on the benefits received

B) the businessowners must pay tax on the benefits received

C) the premiums are deductible by the businessowners

D) the premiums are not deductible by the business



Answer: the premiums are not deductible by the business

Comments

Popular posts from this blog

You are riding in Sarah's car when she fails to yield and causes an accident. Which of the following coverages would NOT pay for your injuries?