Good afternoon-
I'm in the process of transitioning from my full time job to a private practice. I had a signing bonus >3,000 contingent on a three year commitment. I'm a couple months shy of that, and my private practice is ahead of my projected pace. Can I use my business (PLLC, Disregarded Entity) to pay back this bonus and write it off? As I'm the only employee/member and my private practice relies on me to earn income.
I've had other colleagues leave and their new employers covered the costs of the bonus repayment.
Thank you.
