Description
An accountable plan is a method for reimbursing employees for business-related expenses, which, if specific IRS requirements are met, is not subject to income tax, withholding, or W-2 reporting.
Accountable Plan
$10.00
General information: An accountable plan is a method for reimbursing employees for business-related expenses, which, if specific IRS requirements are met, is not subject to income tax, withholding, or W-2 reporting. In other words, reimbursements for eligible business expenses are not considered part of an employee’s gross income.
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