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Tag Archives: tax tips; reimbursement

IRS Sets Standard Mileage Rates for Use of a Vehicle in 2023 by Steven Rubin, CPA

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Posted on March 23, 2023 by Steven Rubin

With the start of a new year, the IRS announced the inflation adjustments taxpayers may use to determine the deductible costs of operating a motor vehicle for business, charitable and medical purposes. Alternatively, taxpayers may calculate these deductible expenses based on the actual costs they incur to use their vehicles. Effective Jan. 1, 2023, the […]

The Rules Employers Must Know for Reimbursing Remote Workers by Adam Cohen, CPA

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Posted on July 15, 2021 by Adam Cohen

Whether employers welcome staff back to their offices or allow the continuation of remote-work arrangements, they must be prepared to address a myriad of tax issues, including employee expense reimbursement requirements. Generally, employees are not entitled to reimbursements for commuting expenses they incur for travel between their homes and their offices or other primary places […]