The ULTIMATE Guide to an Accountable Plan for Your Business (2024)
Small Business Tax Savings Podcast - A podcast by Mike Jesowshek, CPA - Wednesdays
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Send us a text Are you missing out on key tax deductions by mixing personal and business expenses? In this episode, Mike Jesowshek discusses the importance of setting up an accountable plan for businesses, especially S and C corporations. He breaks down how accountable plans allow business owners to reimburse themselves for personal expenses with a business use, ensuring that the reimbursements are not taxable. Mike emphasizes key requirements for an accountable plan, such as having a...
