Core
Accountable Plan
Reimburse business expenses in a tax-efficient way.
About this strategy
An accountable plan is a formal reimbursement arrangement for business expenses paid personally by employees, including qualifying owner-employees. When expenses have a legitimate business connection, are properly documented, and excess reimbursements are returned, reimbursements generally aren't treated as taxable wages. This can help separate business and personal spending while allowing the business to deduct eligible expenses.
Implementation resources
Slides, templates, and supporting videos.