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re: How Would You Handle? Employee spends too much on company card. But is top producer...

Posted on 6/28/22 at 9:11 am to
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35709 posts
Posted on 6/28/22 at 9:11 am to
Agreed. As the owner of an LLC treated as an S Corp any expenses that aren't allowable count against me at tax time. So, now I am personally paying taxes on any amount this guy spends over the IRS guidelines.
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