Employee expense reimbursements that aren't handled accurately can be disallowed as expenses or even considered compensation by the IRS. If this happens, your company is on the hook for paying the associated payroll taxes, which will cost you more money and any penalties! You need to make sure your reimbursements are indeed considered nontaxable, and that's a real challenge for even seasoned payroll pros. 

Don't leave your expense reimbursement plan to chance. Join our 75-minute webinar, led by industry experts, to gain valuable insights and strategies. 

Areas Covered:

• IRS Rules for Employee & Independent Contractor Expense Reimbursement.
• Payroll Requirements for Reimbursements: Expense vs. Compensation.
• Best Practices for Processing and Documenting Expenses: Your Key to Preventing Fraud.
• Live Question & Answer Session.

Webinar Highlights:

• The webinar will provide an overview of what makes an "Accountable Plan" and guidelines to help you in 2024.
• Dealing with your options for calculating and reporting taxable expenses to the IRS.
• Keys to taxing reimbursements: What's an expense vs. compensation?
• High on the audit list: Detailed rules for specific reimbursement types.
• How to avoid employee fraud - red flags and what to watch out for.
• Briefly mention the overall incentive for the audience. 
• Details about tips, tricks, solving everyday problems, avoiding pitfalls, and the right approach to a task.
• Briefly underline how the presentation and the various tips and resources, like sample documents, etc., shared with the audience will help them in their professional capacities.

Why Should You Attend:

If your company offers an employee expense reimbursement program, it's beneficial to understand how it works. This will help you get reimbursed quickly and accurately for any business expenses you incur. The focus is on general employee expense reimbursement programs and how to comply with the IRS.

The webinar will define and present the general rules about what makes expense reimbursements taxable for payroll and what is excluded from payroll taxes and determine whether your expense reimbursement policy reflects the information necessary for your employees to get you the information you need without being overly burdensome. Moreover, it evaluates the specific expense reimbursements your company regularly processes for workers. It determines if you value and tax them appropriately by recognizing the signs of employee fraud perpetrated in employee expense reporting.

Who Should Attend:

• Department Managers
• Payroll Management & Staff
• Human Resource Professionals
• Accounts Payable Staff & Management
• Accountants & Finance Personnel