We are diving into the 10 common bookkeeping mistakes you should know and understand as an entrepreneur and business owner.
128: How to Determine Accountable Plan Reimbursements for Home Office – Part 2
The accountable plan is a policy within your company or your entity, that outlines how reimbursements should be handled in your business.
127: Replay Using An Accountable Plan To Create Tax-Free Reimbursements
Reduced taxable income and self-employment tax for the owner or the shareholder with an accountable plan in place.
105: Discovering How to Live Your Ideal Entrepreneurial Life
Many people loosely exchange words like freelancer, sole proprietor, small business owner, and entrepreneur but really, they’re not the same.
104: Multistate Income Tax: Understanding It and How to Get Prepared for It
A multistate income tax can be complex, but it should not make you pay too much more in overall additional taxes.
103: What To Know & Understand About Building a Team Across Multiple States
There are some things you need to consider to ensure compliance when it comes to hiring from outside of your state.
102: Establishing Financial Scorecards to Build & Grow Your Financial Confidence
Learn how to establish your financial scorecards to build and grow your financial confidence. Growth is the goal.
How to Determine Accountable Plan Reimbursements for Home Office
One of the ways you get compensated for your business is wages, distributions, and expenses through home office reimbursements.
Officers Compensation vs. Shareholder Compensation vs. Wages & Salaries
The decisions you make today create what you own tomorrow. That’s why you need to code your wages and know the differences between them.
099: How to Determine Accountable Plan Reimbursements for Home Office – Part 2
The home office reimbursement is a potential tax strategy that a corporation or partnership can use in their accountable plan.