Enforcement

Help Eliminate ‘Bleisure’ T&E Fraud

The Accounts Payable team can serve as a solid line of defense against a common source of leaked dollars—Travel & Entertainment (T&E) fraud. By checking employee expense reports carefully

For T&E, is it necessary to provide receipts when the charges were made on the corporate card?

It depends—for some charges, the card statement provides adequate documentation. Also keep in

‘Button-Up’ Your T&E Process

By Pam Miller, APMD According to the Association of Certified Fraud Examiners (ACFE), 14.0 percent of fraud is related to T&E. Perhaps it's time for AP to take another look at how to stop the

I am looking for procedures or suggestions on how to handle printed receipts. When we ask for an origianal they tell us that they do not get them in the mail. What they print looks like a photocopy.

Such copies are acceptable from an IRS standpoint, however the problem is from a duplicate payment

We are receiving what we consider incomplete "Business Purpose" descriptions on executive expense reports. Do you have examples of what the IRS would consider appropriate business purpose descriptions, so we can communicate this?

The IRS defines business purpose broadly in view of the wide variety of business types and

T&E Missing Receipt Template

This template provides a method for documenting a missing business travel and entertainment receipt. Format Microsoft

How to Prove Certain Business Expenses

If you deduct travel, entertainment, gift or transportation expenses, you must be able to prove certain elements of those expenses in the event that your tax return is examined, or if you are to be