Should Employees Receive an Auto Allowance – Ask #HR Bartender
HR Bartender
SEPTEMBER 14, 2017
Section 62(c) states that income will not be treated as a reimbursement (or under another expense allowance arrangement) if (1) the arrangement doesn’t require the employee to substantiate their expenses, or (2) the arrangement allows the employee to keep any reimbursement that exceeds the amount of the substantiated expenses.
Let's personalize your content