Travel Expense

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1 Types

August 31, 2024 2 min read Definitions

Accountable Plan: Tax-Exempt Employer Reimbursement

Finance Taxation Accounting IRS Reimbursement Non-Taxable Employer Plan Travel Expense

An accountable plan is an IRS-compliant arrangement wherein employer reimbursements for expenses are excluded from an employee's income, provided they meet specific requirements.

August 25, 2024 4 min read Definitions

Portal-to-Portal Pay: Comprehensive Overview

Business Human Resources Compensation Pay Structure Travel Expense Employee Benefits Business Travel

Portal-to-Portal Pay compensates employees for all expenses incurred while traveling from their door to the worksite and back. This term is frequently used within business organizations to ensure employees are reimbursed for business-related travel expenses.