Do you reimburse employees or contractors for out of pocket expenses?  Do you have a written accountable plan in place?

If not, it is important for you to consider implementing a written accountable plan into your business.  When you have a written plan established, you can exclude reimbursed expenses from taxable income on W2s or 1099s.  Click below to preview an example of a written accountable plan you can implement into your business.

Download the Plan Example

Do not hesitate to contact our office with any questions.