If you own an S-corporation, there's a good chance you're paying business costs out of your own pocket every month without even thinking about it. The client lunch on your personal card. The 40-minute drive to a job site in your own car. The corner of your house where you actually run the business. Add it up and it's real money — often several hundred dollars a month. Here's the problem: if you never get paid back, that deduction is simply lost. Unreimbursed employee expenses

We've compiled the most important mid-year updates below. As always, if any of these situations apply to you, give us a call so we can help you make the most of them.

An Indiana-focused guide to the Augusta Rule (§280A(g)) for S‑Corp and multi-member LLC owners. Explains how to legitimately rent your home to your business for ≤14 days, set defensible daily rates using Airbnb and meeting-space comps, document everything to survive audits, avoid disguised distributions, and navigate Indiana-specific tax and zoning issues.

S‑Corp election can save Indiana business owners real money, but only in the right income range. Benefits typically start around $80K of net profit and become critical above the 2026 QBI phase‑in thresholds. Below $60K, costs often outweigh savings. This guide explains the Indiana‑specific math and when not to elect.