Acountable Reimbursement Plan Expense Account

Expert Guidance

Accountable Reimbursement Plan

A systematic method to reimburse

employees for business expenses

USE TAX-FREE REIMBURSEMENTS

Stay compliant with the rules

The IRS has strict guidelines when an employer hands over money to employees. If you don’t follow the rules, the employee could end up paying tax on the reimbursement.

BE READY FOR A POTENTIAL AUDIT

Make your intentions clear

A written plan outlines the deadlines and steps an employer and employee need to take during the reimbursement process.

GET REIMBURSED FOR YOUR EXPENSES

Increase your personal cash flow

When structured correctly, the owner or shareholder can also use the accountable reimbursement plan to get their money back for out-of-pocket expenses. Without it, you would need to classify the expense as a contribution or set up a formal loan.

KEEP YOUR COSTS DOWN

Find the DIY tools you need

Setting up your new company or updating your corporate binder can cost from $1k to $3k* after you factor in the attorney and accountant fees.

That's where we come in — you build your corporate binder at your pace and within your budget. Each form kit has one flat rate: no hidden surprises or additional fees.

*Based on actual billings of our clients.

YES, I want TAX-FREE reimbursements

DONT FORGET YOUR BONUS ITEMS

USE TAX-FREE REIMBURSEMENTS

Stay compliant

with the rules

The IRS has strict guidelines when an employer hands over money to employees. If you don’t follow the rules, the employee could end up paying tax on the reimbursement.

BE READY FOR A POTENTIAL AUDIT

Make your intentions clear

A written plan outlines the deadlines and steps an employer and employee need to take during the reimbursement process.

GET REIMBURSED FOR YOUR EXPENSES

Increase your personal

cash flow

When structured correctly, the owner or shareholder can also use the accountable reimbursement plan to get their money back for out-of-pocket expenses. Without it, you would need to classify the expense as a contribution or set up a formal loan.

KEEP YOUR COSTS DOWN

Find the DIY tools you need

Setting up your new company or updating your corporate binder can cost from $1k to $3k* after you factor in the attorney and accountant fees.

That's where we come in — you build your corporate binder at your pace and within your budget. Each form kit has one flat rate: no hidden surprises or additional fees.

*Based on actual billings of our clients.

YES, I want TAX-FREE reimbursements

DONT FORGET

YOUR BONUS ITEMS

EXTRA PRODUCTS INCLUDED

BONUS MATERIALS

BONUS # 1

eBook

Top 5 Secrets to Business Success

Learn the cardinal rules that can help keep your doors open.

BONUS # 2

New Accountant Interview Checklist

Know what to look for in a new accountant or bookkeeper.

BONUS # 3

Accountable Plan Infographic

Don't get lost in the maze of the accountable plan rules. Use our handy infographic to stay on track.

FREE WEBINAR! Watch 3 Hacks to Avoid a Big Tax Bill.

LAUNCH IT

Frequently asked questions

Here are the answers to our most common questions

What type of business should have an accountable plan?

It works for any business with employees (sole proprietor, LLC, S-Corp or C-Corp).

What if I don't use an accountable plan?

If you give money to your employee and don't include it on their paycheck, then you owe payroll tax plus penalties and interest (and your employee owes tax too). So, it's better to implement an accountable plan.

Which expenses are covered in an accountable plan?

Use the plan to reimburse employees for paying a business expense with their personal funds (e.g., travel meals, retail store purchases, mileage). It's also used to corroborate purchases made with a company debit card or credit card.

We cater to do-it-yourselfers

We get it — you’re on a bootstrap budget,

but need professional guidance

without an hourly bill or hidden fees.

Check out our flat rate options

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