How does an accountable plan work?

An Accountable Plan is how your S-Corp turns business related items paid by you personally (like home office, mileage, or your cell phone) into legit business deductions. You track what you paid personally, we crunch the numbers each quarter, and your business reimburses you. Done right, it’s the IRS-approved way to say, “Yes, my car and my Wi-Fi actually help me run this thing.”