Tag : Expense Reports

Employer Tax Deductions of Employee Expenses: How to Deduct IRS guidelines for deducting employee business expenses from the corporate tax return under both accountable and nonaccountable plans, including reimbursements and per diems.

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Whether under a reimbursement (i.e. employee uses their money for business expenses and is reimbursed later) or allowance (i.e. per diem) arrangement, employer deduction of employee business expenses depends on whether they have an accountable or nonaccountable plan. Further, in some cases, an expense might be fully deductible on the books but only partially deductible