How a New Jersey S-Corp Owner Reimburses Home Office, Mileage, and Phone Costs Tax-Free
An accountable plan is a written agreement between your S-corp and you as its employee. Under it, the business pays you back for business costs you covered personally: the home office, mileage, your phone, supplies, travel. Set up correctly, the payment is deductible to the corporation and is not wages to you, so it carries […]
