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Accountable Plan File
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Expenses
The plan
The file
Every expense your S-corp pays you back for - receipt in 60 days, leftover advance back in 120, or it is wages
Expenses
Each one paid back: what, why, the receipt, any advance and what came back.
The plan
The written plan, its date, and the method: fixed date or quarterly statements.
The file
What is late, what goes on wages, totals by kind - printable for your accountant.
These Records
Where they are kept, and how to take them with you.
Expenses
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What
paid on
amount
Business purpose
fit for everyday wear
Advance
given on
receipt in on
statement
Returned
on
put on wages on
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The plan
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Company
Plan adopted on
Method
fixed date (receipt 60 days, excess back 120)
periodic statements (at least quarterly, 120 days)
Last statement
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The file
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These Records
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