If the contractor is considered as an employee of the com...

As a contractor, is it beneficial to have the company pay mileage during the year or claim it at the end on our LLC tax return?

As a contractor, better to have the company he's working for pay or we claim all at the end of the year?

posted

If the contractor is considered as an employee of the company, it is better that the company pay mileage since employee business expenses are no longer deductible under the new tax laws.

If it's his company, it doesn't really matter tax-wise which option you choose. From the point of cash flow for the contractor, I would think he'd prefer having payments reimbursing him throughout the year.

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