The difference between an accountable and a non-accountable plan is tax. Accountable plans meet the IRS’ requirements for business expense reimbursements to be excluded from an employee's gross ...

Those expenses reimbursed between 61 through 119 days after the last day of the trip will be considered reimbursed on a non-accountable plan basis (e.g., taxable). RIT is required to combine the ...

In a recent private letter ruling, the IRS clarified how employer reimbursement of employee expenses for tools, equipment, training or certification required as a condition of employment may qualify ...

He paid a lot of lodging, meals and incidental expenses to do the work related travel. His employer issued him a W-2 for 2013 for $131,884 that included as wages $42,812 of per diem travel allowances ...

The plan, urged on by the State of Hawaii Organization of Police Officers, proposes a third-party contract with California-based CP Plus Inc. to implement a so-called accountable reimbursement plan.

Under CU’s accountable plan, employees are required to substantiate the business purpose of the expense, provide any required receipts/other documentation, and reimburse the university (if appropriate ...

The IRS issued guidance on situations in which employers recharacterized wages as nontaxable reimbursements and whether they satisfied the business connection and other requirements to be treated as ...

The authors of this study examined expense reports to understand how participants in Medicare’s Accountable Care Organization Investment Model spent to achieve program goals.

Now, a plan to make accountants more accountable would require audit firms to disclose the names of the partners who head each audit. The Public Company Accounting Oversight Board ...

The plan, urged on by the State of Hawaii Organization of Police Officers, proposes a third-party contract with California-based CP Plus Inc. to implement a so-called ... Council backs HPD ...