Avs19
Level 7
05-21-2024
01:20 PM
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Company A had a bad year in 2023 and would have shown a 100K loss with or without creating a separate company. You're correct, the medical insurance and simple expenses are part of payroll and should have been paid out of company B. The simple employee contributions were paid out of company B but the matching came out of company A. It's a mess but they're now doing it correctly.