by Brian Hare, CPA, CGMA | Aug 28, 2018 | Business, Tax
Meal, vehicle and travel expenses are common deductions for businesses. But if you don’t properly document these expenses, you could find your deductions denied by the IRS. A critical requirement Subject to various rules and limits, business meal (generally 50%),...
by Brian Hare, CPA, CGMA | Jun 17, 2017 | Tax
If your employees incur work-related travel expenses, you can better attract and retain the best talent by reimbursing these expenses. But to secure tax-advantaged treatment for your business and your employees, it’s critical to comply with IRS rules. Here are some...