qbteachmt
Level 15
10-12-2020
11:01 AM
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"The pick-up trucks are titled in his name NOT the S-Corp's name"
This Employee submits for Mileage reimbursement. The S Corp treats the earlier payouts as Loans to that employee. You net the amounts against each other.
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"Level Up" is a gaming function, not a real life function.
"Level Up" is a gaming function, not a real life function.