Search Help


Enter one of more keywords to search. Use quotes for “exact phrase.” Note that '*' and '?' wildcards are supported.

When your search results appear, you can refine your search further: Sort for only results in which all search terms appear AND/OR sort by chronological order.

Article Date:
February 2014


Word Count:
655

 

 

The Right Way to Ask Your S Corporation for Travel Reimbursements


Keep these basic rules in mind when you work in and operate your business as a corporation:

 

1.

You are an employee of the corporation.

2.

The corporation is a legal entity separate from you.

3.

The corporation is the business.

4.

You can incur business expenses on behalf of the corporation.

5.

The corporation may reimburse you for the business expenses you incur on behalf of the corporation.

 

Now, let’s say you incur expenses on behalf of your corporation, but you don’t seek reimbursement from the corporation. Obviously, the corporation ... Log in to view full article.

Log in to view full article
Already a subscriber?
 
Email Address

 
Password

Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
 
with a money-back guarantee



 

SS