Although millions of people have recently joined the remote workforce, many employees still travel to work daily. Some workers travel more than others, though. Many employees, such as home care …
If you’re an employer in the United States, it’s likely that you pay your employees mileage reimbursement when they’re traveling for work purposes. Every year, the IRS adjusts the mileage …
If you’ve ever been involved with any business travel, you may have heard of the term “per diem”. It’s a type of reimbursement that employers give employees when they’re traveling …
Editor’s Note: To view the mileage rate information for 2021, please go here. If you’re an employee or employer, you’re probably aware that a lot of things change in the …
Calculating mileage reimbursement starts by knowing when you actually need to reimburse your employees. Although many employers think that they have to pay for mileage , the federal Government does …
In the United States, expense reimbursement is only required in a couple of cases. 1. In the event an employment contract contains expense reimbursement, an employer is responsible for expense payments. …
Unless you want to give money away to the IRS, expense reimbursements shouldn’t be taxed. When employees pay for expenses out of their pocket, they use their taxed income and …
Federal law doesn’t mandate the reimbursement of mileage expenses. However, employers and employees can use the IRS mileage rate, which the IRS posts each year, as a guide for reimbursement. …
While federal law does not require employers to reimburse employee expenses and mileage, some states, such as California, do. Furthermore, federal law does require that employers pay minimum wage. When …
The federal government does not require that employers reimburse for mileage. When employees pay for work-related expenses, the employer has no obligation to pay them back. (There are exceptions like …
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