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Reimbursement from S corp to Employees
Hi,
I have 2 questions about my S Corp which does have an accountable plan and I take reimbursement for a home office deduction.
1. My S Corp has a corporate vehicle (large cargo van) that gets parked in my personal driveway (street parking is not allowed for commercial vehicles). Can I get reimbursed somehow as it takes up 2 spots and then my husband or I have to park in the street? Local industrial parking would probably cost around $250/month.
2. We also have a large shed on our property and a large shed on a rental property that we own that is used to house tools and supplies for the S Corp. Is this also somehow reimbursable?
Thanks!!
Topics:
‎January 18, 2023
5:03 AM