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Why Every Small Business Owner Should Be Using an Accountable Plan (and How to Do It Right)
If you’re a small business owner paying for business expenses out of pocket, there’s a good chance you’re leaving money on the table ; or worse, creating unnecessary tax exposure. An Accountable Plan is one of the most overlooked yet powerful tax strategies available to small business owners, especially LLCs and S-corporations . When implemented correctly, an Accountable Plan allows you to reimburse business expenses tax-free , reduce taxable income, and stay compliant with

Stephanie Peterson
Jan 223 min read
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