View Single Post
Old 10-25-2022 | 04:58 PM
  #3484  
mkitrn
Gets Weekends Off
 
Joined: Feb 2019
Posts: 198
Likes: 0
Default

Originally Posted by sailingfun
This will be my last post on the subject. The expense is not tax deductible. If you get reimbursed for a non deductible expense that reimbursement is taxable income no matter what Breeze is telling you. If it were this easy to shelter income from the IRS every company would be doing it.
money that is reimbursed to the individual in a check yes. Charges put on a company card linked to a company account no. If what you were saying for expense cards linked to a corporate account was true every corporate rep that took a client out to lunch or bought her a cab and hotel room would pay taxes on that (they don’t)
Reply