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Expense Accounts

Accountable vs. Non-Accountable Expense Accounts

There’s no doubt that in order to make money, you need to spend money. However, when it comes to taxation, the way that companies choose to spend their money can make a huge difference. Depending on how a company structures their work-related expenses will affect not only how the company is taxed on those expenses, but how employees are reimbursed for the money they spend.

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