Proud_parent007
New Member
- Jurisdiction
- New Jersey
One of my employees has been using corporate card for personal expenses. It is quiet evident recently and I cancelled his card and he is terminated. When i looked at previous years statements there are some highly questionable transactions.
I have already claimed them as expenses in previous years tax return. If there is an audit, can I use this as an excuse? I had an email communication with the employee to certify that all expenses are business expenses, which he did.
I have already claimed them as expenses in previous years tax return. If there is an audit, can I use this as an excuse? I had an email communication with the employee to certify that all expenses are business expenses, which he did.