Employee Business Expense Reimbursement


Jun 25,2024

PRESENTER(s): Patrick A. Haggerty

1:00 PM ET | 12:00 PM CT | 10:00 AM PT | 100 Minutes
  • Webinar Instruction will be emailed on your registered email address 3 days prior to webinar
  •  | 
  • Web Download / e-Transcript will be shared in 7 working days from the date of webinar

This program has been approved NASBA & IRS CPE Credit 2(Taxes)

As an employer, you know that keeping your workforce happy and productive is key to running a successful enterprise. One way to achieve this is by offering streamlined employee reimbursement programs that eradicate long processes and time delays.

Employers do often provide business expense reimbursement, or use of company property to employees. Employee expense reimbursement is one of the targets of a current IRS audit initiative. Unless expense reimbursements are made under an accountable plan, the payments must be included in employee wages. Accountable expense reimbursement plans provide tax savings for both employers and employees. But insufficient documentation or faulty procedures can result in reclassification of the reimbursements as wages. This results in additional tax and possibly penalties. An employer may even become liable for taxes it failed to withhold from the employee reimbursement

Learning Objectives:

  • Determine whether an expense reimbursement qualifies for exclusion from employee wages
  • How to track employee expense reimbursements and What Are the Rules for Reimbursement?
  • Know what is required to substantiate various expenses and benefits under an accountable plan
  • Understand the importance of timely processing of reimbursements and collection of excess advance funds
  • Know when expense reimbursements or use of company resources must be included in wages
  • Understand when per diem rates may be used and why employers may want to use them
  • Know how to determine maximum per diem rates and how to use the high-low method
  • Know how to establish and administer an accountable expense reimbursement plan
  • Understand the importance of control and accounting procedures related to expense reimbursement

Credits and Other information:

  • Recommended CPE credit – 2.0
  • Recommended field of study – Taxes
  • Session Prerequisites and preparation: None
  • Session learning level: Basic
  • Location: Virtual/Online
  • Delivery method: Group Internet Based
  • NASBA Sponsor: 146439
  • IRS Credits: 1 Tax Hour
  • IRS Course ID: PJGWS
  • HRCI: 2.0
  • Attendance Requirement:  Yes

Who Will Benefit:

  • HR Professionals
  • Payroll Supervisors and Personnel
  • Accounts Payable Supervisors and Personnel
  • Public Accountants / Enrolled Agents 
  • Internal Auditors / Tax Compliance Officers
  • Officers and Managers with Tax Compliance Oversight
  • Company / Business Owners
  • Managers / Supervisors
  • Public Agency Managers
  • Audit and Compliance Personnel / Risk Managers

Coder Archives is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Speaker Profile:

Patrick A. Haggerty
Pat Haggerty is a tax practitioner, author, and educator. His work experience includes non-profit organization management, banking, manufacturing accounting, and tax practice. He began teaching accounting at the college level in 1988. He is licensed as an Enrolled Agent by the U. S. Treasury to represent taxpayers at all administrative levels of the IRS and is a Certified Management Accountant. He has written numerous articles and a monthly question and answer column for payroll publications. In addition, he regularly develops and presents webinars and presentations on a variety of topics including Payroll tax issues, FLSA compliance, and information return reporting.

Our Accreditation Partners