Current Events > Is it normal for companies to report non-business expenses as business expenses

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Hexenherz 11/05/19 7:01:10 PM #1:	Seems shady as shit but is there some loophole in the laws that lets a company get away with this? --- FFXIV: Lucius Hexenseele (Brynhildr) \| RS3: UltimaSuende . 99 WC/Fish/Cook/Fletch/Div/Mining/Smithing/Thieving, 80 crafting <cite>Hexenherz posted [p:929720902] in Is it norm... [t:78137671]...</cite> <quote>Seems shady as shit but is there some loophole in the laws that lets a company get away with this?</quote> ... Copied to Clipboard!
EndOfDiscOne 11/05/19 7:07:20 PM #2:	Its not supposed to happen but things slip through. Do you have an example --- I am the Cheese! I am the best character on the show! I am better than both the salami and the bologna *COMBINED!* <cite>EndOfDiscOne posted [p:929721132] in Is it norm... [t:78137671]...</cite> <quote>Its not supposed to happen but things slip through. Do you have an example</quote> ... Copied to Clipboard!
Hexenherz 11/05/19 7:10:05 PM #3:	I mean, general stuff like buying a "company car" that realistically only one or two person uses for regular driving around, or "business trips" to a private residence. --- FFXIV: Lucius Hexenseele (Brynhildr) \| RS3: UltimaSuende . 99 WC/Fish/Cook/Fletch/Div/Mining/Smithing/Thieving, 80 crafting <cite>Hexenherz posted [p:929721254] in Is it norm... [t:78137671]...</cite> <quote>I mean, general stuff like buying a "company car" that realistically only one or two person uses for regular driving around, or "business trips" to a private residence.</quote> ... Copied to Clipboard!
EndOfDiscOne 11/05/19 7:15:18 PM #4:	Hexenherz posted... I mean, general stuff like buying a "company car" that realistically only one or two person uses for regular driving around, or "business trips" to a private residence. Company car sure, but the employee should be getting taxed on the value of the benefit. Its legal. Regular commuting expenses should not be deductible. If theyre calling non-business trips, business trips, thats fraud and could be caught in an audit. But people can often find bullshit reasons to call something business related. --- I am the Cheese! I am the best character on the show! I am better than both the salami and the bologna *COMBINED!* <cite>EndOfDiscOne posted [p:929721489] in Is it norm... [t:78137671]...</cite> <quote>Hexenherz posted...</cite> <quote>I mean, general stuff like buying a "company car" that realistically only one or two person uses for regular driving around, or "business trips" to a private residence.</quote> Company car sure, but the employee should be getting taxed on the value of the benefit. Its legal. Regular commuting expenses should not be deductible. If theyre calling non-business trips, business trips, thats fraud and could be caught in an audit. But people can often find bullshit reasons to call something business related.</quote> ... Copied to Clipboard!
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