Most people hear about S-Corps for one reason.
đź’Ľ Reducing self-employment tax.
And yes, that’s great. But here’s the overlooked advantage…
👉 The S-Corp creates a legal fiction where you’re both the employer and the employee.
That opens the door to a powerful strategy:
âś… The Accountable Plan.
What is it?
It’s an employee reimbursement plan where your business (as the employer) gets a legitimate tax deduction for reimbursing you (as the employee) for the business use of personal resources.
The most classic example? 🏠Your home office.
Done right, this puts real money back in your pocket.
And it’s just one of many strategies business owners miss.
📌 Want more tax reduction strategies that actually work?
Check out my other content here.
Or tag a business owner who needs to hear this.
Credit (IG):
collective
SF0744