expenses

Whether expense reimbursements are taxable depends on a few factors, including the type of reimbursement, the employer’s policy, and the employee’s tax situation. If you and your employer follow the guidelines, the IRS will not consider the reimbursements taxable income. Is Your Employer’s Plan Accountable? In general, expense reimbursements made under an accountable plan are … Read more

Learn why expense reports are essential for budgeting, taxes, and getting paid!