It’s important to recognize that not all expenses qualify as legitimate business expenses. The tax code aims to both generate revenue for government operations and incentivize beneficial actions through deductions, credits, and exclusions. As a business owner, leveraging tools like an accountable plan can optimize your financial strategies. If you’re a US business owner and you don’t know what that is, drop the word “accountable”, so I can send you some info. #AccountablePlan #Taxes #TaxDeductions #RealWealthWisdom #GetUpleveled credit (IG): Evan Van Auken - vanadergrowth _thewealthgeneration SF0413