Q. We have vendors/clients/board members/committee members who need to be reimbursed. Instead of using paper reimbursement, is there a way that doesn't involve adding additional software? We… Read More
Q. IRS Bulletin No. 2026-29 dated 7/13/2026 on the IRS.gov website says: "Announcement 2026-11, page 49. This Announcement advises the public that the Internal Revenue Service is revising the… Read More
Q. I work for a local government agency in the Finance/Accounts Payable department. We have employees who travel or purchase supplies for their departments and turn in receipts for… Read More
Q. We are currently reviewing our internal processes for managing the timely reconciliation of T&E corporate card activity and would like to gather insight from other organizations regarding their… Read More
Q. I know Pub 463 speaks to International Travel Airfare Proration when combining personal and business with regard to business deductions. Does the same apply to IRS accountable plan employee… Read More
Q. During business travel, an employee’s dress was damaged by a defective hotel iron. The hotel comped the room as compensation. Can the employee (1) submit an expense for the comped amount to buy… Read More
Q. How are companies handling the recruiting process and reimbursement for high level candidates? When recruiting for an SVP or higher position and that candidate travels to the headquarters for the… Read More
Q. We are reviewing our T&E policy and want to know if we are allowing enough to cover meals when traveling. Most of our travelers are going over so I was wondering what is everyone allowing at their… Read More
Q. We are reviewing our current food/business entertainment policy and would like input on the following three questions. 1. What documentation is required by the IRS for meal or snack expenses for… Read More
Q. We just set up a new travel expense policy and were wondering if there was a travel cost comparison form or even more information on the matter?
A.
(Answered by the IOFM Ask the Expert Team)
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