The Deductibility of Corporate Expenses Covered By Officers or Shareholders

August 31st, 2021|Categories: Burns Firm, C Corporation, CPA Dallas, Dallas CPA, Expenses, Partnership, S Corporation, Services, Small Business, Tax, Tax Cuts, Tax Deductions, Tax Planning, Tax Preparation, The Burns Firm|Tags: , , , , , , , |

Do you play a major role in a closely held corporation and sometimes spend money on corporate expenses personally? These costs may wind up being nondeductible both by an officer [...]