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@qbteachmt - "Are you trying to pass as expense his actual costs under an accountable plan, then?" Yes, correct! Thanks for replying 🙂
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Hello All!A quick question on the mechanics of this accountable plan.Consider the following facts:Client has an S corp (100% shareholder) and purchases a truck ...
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Thanks@TaxGuyBill - so a couple of questions on this:1) If the vehicle is personally owned by the owner-employee of an S corp and he/she uses a personal vehicle...
