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Did the employee pay for the truck? Or did he finance it? This is important. If the employee paid for the truck, he could simply sell it to you and you could make payments to him. This is perfectly legal. But in order for this to happen, he would have to have title to the truck, so that he could sell it to you. Without the title, it is a bit more sticky.
If the employee financed the truck himself, you could still enter into a purchase agreement, or lease agreement, with him, allowing you to operate and use the truck, with you making payments to the employee until the loan is paid off, at which point the employee "sells" you the truck for $1 or some other bargain purchase amount.
As far as the credit card is concerned, that is an easy one. Every month, when the employee receives the credit card statement, have him fill out an expense report, listing everything on the card that was for a business purpose. Then write him a check to pay for the items that were charged, and he can then pay the credit card company. By using an expense report, there is a reportable accounting of what was spent, so the reimbursement is considered to be under a form
of an "accountable plan" so these payments would not be taxable to the employee.
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