Tag: IRS
Reimbursements: Can You Give Us Some Help on Employee Expense Reimbursements?
We’re trying to revise our travel reimbursement policies, and we need some help. We’re trying to simplify. Can we pay a per diem? Meanwhile, we’d rather just pay employees a set amount more in salary and not hassle at all with receipts and vouchers for every little thing. I understand that there’s a case now […]
Wage and Hour: Labor Commissioner Proposes Rules for Employee Expense Reimbursement
The California Labor Code requires employers to repay employees for all necessary expenditures employees incur in performing their jobs. However, the law doesn’t provide guidance as to what precisely must be reimbursed and at what rates, or whether paying an increased salary or commission satisfies the reimbursement requirement. Now, the labor commissioner has issued proposed […]
Expense Reimbursement: Labor Commissioner Proposes Rules to Define Employer Obligations
IRS Releases Guidance On Per Diem Expense Reimbursements
Taxes: IRS Raises Mileage Reimbursement Rates for 2007
The IRS has increased the standard mileage rate commonly used to reimburse employees for business use of a car to 48.5 cents per mile, up from 44.5 cents in 2006. The new rate will apply to miles driven beginning January 1, 2007. Employers who use the IRS standard mileage rate to reimburse employees may deduct […]