Incorrect handling of employee expense reimbursements leads to expenses being considered taxable compensation - leaving you on the hook for a lot of money! Don't take chances with your expense reimbursement plan for employees and independent contractors (IC). How can you ensure your reimbursement plan meets IRS guidelines? Join us for this can't-miss, 75-minute webinar to discover:
What makes an "Accountable Plan" - Critical guidance to help you today
Options for calculating & reporting taxable expenses to the IRS
Legal issues around employee expense reimbursement: IRS Compliance
Taxing reimbursements: What's treated as expenses vs. compensation?
High on the audit list: Detailed rules for specific reimbursement types
Employee fraud - red flags and what to watch out for
Employee & IC Expense Reimbursement: Ensuring Legal Compliance
Expense reimbursement plans: Accountable vs. non-accountable
Rules on specific types of reimbursement: Avoid the audit list
Payroll Requirements for Reimbursements: Expense vs. Compensation
Tips & tools to calculate taxable expenses - before the IRS does!
Payroll taxation considerations: When reimbursements count as income
Personal use of company property: Vehicles, cell phones and more
Best Practices for Processing and Documenting Expenses: Preventing Fraud
Substantiation and documentation: Excluding reimbursement from wages
Identifying employee fraud: Clear warning signs to be aware of
Methods for timely processing and collection of excess advance funds
Live Question & Answer Session - Have your questions answered by the expert!
About The Speaker
Mark Schwartz has over 15 years experience in state and federal payroll tax audits, collections, and payroll consulting.
As an auditor, Mark prided himself on his ability to educate his auditees on state and federal payroll tax requirements. Whatever issues he found in audits, he ensured the auditee knew how to comply in the future. He worked to minimize company disruptions in the audit process.
In addition to his real-life experiences, Mark has a Masters in Business Administration, and currently uses his entertaining and helpful personality to help organizations prepare for payroll tax audits - whether they've already got the notice or are still hoping they don't!
Join us for this 75-minute webinar to discover the legal and financial risks of improper reimbursement procedures and gain practical tips and tools to ensure your policies are in order.