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toddmatthews
1818 days ago
that's strictly for reimbursing an employee for an expense.
1 comments
toomuchtodo
1818 days ago
Good catch. I’ve been audited before, so I err on the side of caution and keep as much documentation as reasonably possible to substantiate business expense claims. Electronic storage is cheap, and audits are unpleasant.
https://www.irs.gov/businesses/small-businesses-self-employe...
link
toddmatthews
1818 days ago
got it, makes sense, thanks
link
toomuchtodo
1818 days ago
Thanks again for pointing out my mistake.
link
https://www.irs.gov/businesses/small-businesses-self-employe...