• Accountable Reimbursement Plan
  • Accountable Reimbursement Plan

Accountable Reimbursement Plan

Regular price $125.00
Unit price per

 

For Your S-Corp...

 

Ensure your S-Corporation stays financially compliant with our Accountable Reimbursement Plan Template; it's been meticulously crafted to help you manage business expense reimbursements the right way.

Designed specifically for S-Corps and aligned with Treasury Regulation §1.62-2, this template simplifies the process, keeps reimbursements non-taxable, and protects your business from common accounting mistakes.

    Does This Apply To Me?

    This template is for you if you:

    • Run an S Corporation and want to reimburse yourself or others tax-free
    • Need a written accountable reimbursement plan to stay compliant
    • Handle expense reimbursements for your team (like mileage, meals, or supplies)
    • Are setting up your business finances to pass IRS scrutiny without headaches

    Why Do I Need This?

    Reimbursing yourself without a compliant plan can backfire. This template helps you:

    • Avoid treating reimbursements as taxable income (and paying extra taxes)
    • Stay compliant with IRS accountable plan rules (Treasury §1.62‑2)
    • Document business expenses clearly with receipts, timelines, and business purposes
    • Minimize audit risk and keep your books clean and defensible
    • Standardize your expense policy so it’s not a guessing game later

    Key Features
    • IRS-Compliant: Expertly designed to meet the unique needs and structures of S-corporations. Adheres to Treasury Regulations §1.62-2, ensuring your reimbursements meet all tax law requirements.
    • Fully Customizable: Easily modify the template to reflect your company’s specific details and policies.
    • Clear Guidelines: Provides straightforward instructions for authorized business expenses, reimbursement processes, and record-keeping requirements. 
    • Easy to Implement: Saves you hours of research and consultation, offering a ready-to-implement solution. Each purchase includes a comprehensive introduction document that walks you through the importance of the template, its usage, and key considerations for implementation.

    FAQ

    Find the most frequently asked questions below.

    • All our templates are written by licensed attorneys Rayman Khan, and Gabriel Estrada.

      Ray and Gabe work have vast experience in drafting, reviewing, and revising all types of legal documents. There specialty is in online business, creator, and artist contracts in a variety of industries!

    • As the purchaser, you will have a limited license to use this template for personal use/for the use on behalf of one (1) business entity.

      You may not share this template with any other other person, client, or business entity, as this is against our terms of use, and could implicate you in unecessary legal liability.

    • Each template is available immediately after purchase for download, and delivered immediately in Word format to the email you inputted at checkout. Additionally, an introductory PDF document will also be included to explain specifically how to implement the contract.

      Once downloaded, you can begin customizing the document for your business, by inputting your information into the customizable fields.

    • Our contract templates were written to be generally applicable throughout the United States. If you want to be sure about your state's laws, then you should reach out to a lawyer. You'll already have a well structured contract to discuss with a local lawyer, so this consult should be quite simple and inexpensive.

      These documents are not intended to be used by anyone outside the United States.

    • The law is always subject to change. When you download a template from us, you are getting a contract that complies with the most recent laws up until the date of purchase.

      Once purchased, it is your responsibility to ensure your contracts (along with your business practices, policies, etc.) are compliant with recent changes in the law.

    • Feel free to email letsdothis@iminflow.com if you have any questions!

    DISCLAIMER

    This Template is provided for informational purposes only. The information available on this website and the templates available for purchase do not constitute legal advice. If you are seeking legal advice, consult an attorney. Each business situation is unique, and laws and regulations are subject to change. We recommend consulting with a qualified attorney, accountant, or tax professional to ensure compliance with all relevant laws and regulations specific to your business and jurisdiction.

    If you are seeking legal advice, or would like the support of a legal team for the unprecedented cost of only $79/month, you can learn more here!

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