Two different issues - but the IRS has issued a letter ruling that marked police cars are not taxable income. But ... if you do end up having to pay for the car, ask your accountant if you can take the expense off on your taxes, just like cell phones and the like.
Two different issues - but the IRS has issued a letter ruling that marked police cars are not taxable income. But ... if you do end up having to pay for the car, ask your accountant if you can take the expense off on your taxes, just like cell phones and the like.