S-Corp Changes | Part 1: Deductions

Published October 27, 2026

Making an S-corp election doesn’t mean your home office expenses stop qualifying. But it does change how you handle them. I see owners miss deductions because they don’t realize that expenses they once handed to their tax preparer now need extra steps. In Part 1 of this week’s Owner’s Office Hours, I explain how an accountable plan helps your business reimburse you for expenses you paid personally—and why owner health insurance needs a different process, including payroll reporting. Watch Part 2 for how to determine reasonable owner pay and budget for the costs that come with an S-corp. This is general educational information, not individualized tax advice. Deductions depend on your eligibility, documentation, and proper reporting. Reach out for guidance specific to your business.

This content is for general educational purposes. Tax and financial decisions depend on your circumstances. Contact Account For Data for guidance specific to your business.