In an effort to help the our friend and family find reliable resources to get updates and to make determinations about what “smart” behavior looks like we have started this blog post to proved a list of reliable resources as we hear about them. We will add to the list as we go and out focus is on resources that affect our current client base.
Accountable Plans: Tax-Free Reimbursements for Business Owners
As a business owner who is also an employee, you may have to pay for business expenses out of your own pocket. If you reimburse yourself for these expenses through an accountable plan, you can avoid paying taxes on the reimbursements. Accountable plans have four...