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Publication 535 , Business ExpensesInternal Revenue Service 2012

Irs Publication 535 PDF 2012-2025 Form

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Instructions and help about irs publication 535

Jeff this is one of your favorites I know does the IRS reimburse me for my corporate expenses no of course they do IRS anything really giving out money uh we get this question more often than you would think I think it's a misconception that clients are being told that their companies can reimburse them for certain expenses which will reduce our taxes and sometimes the clients are here an IRS is going to reimburse us the only time you get back money from IRS is if you paid money into IRS for taxes mm-hmm and you don't owe them any tax or maybe you overpay them yeah IRS is a policing agency your taxes when you pay it they don't even go to the IRS it goes to the US Treasury so the IRS is merely hey pay pay pay my boss is all they are so they don't give any money out whatsoever so the IRS does not reimburse you for your corporate expenses what the IRS does is enforce the laws which is the United States Code and issues regulations interpreting that code and

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