Who pays -- business or employee?
April 7, 2007 8:51 AM Subscribe
Small-business dilemma involving a company with three owners who have an agreement to split profit three ways. Owner A needs new laptop and wants to expense it to the business, as 99% of business is run/done online. Owner B thinks laptop should come out of A's share of the $ and not be counted as a business expense unless Owners A B & C all get laptops. Who should pay for the new computer? The business? Or should the cost of the laptop be subtracted from A's earnings?