• The IRS asserted that the payments should be reclassified from employee business expenses to compensation.

    FORBES: Representation Before the IRS

  • The payments were made, and however characterized—as reimbursement of employee business expenses or compensation—they were allowable business expense deductions.

    FORBES: Representation Before the IRS

  • Also, those subject to the dreaded Alternative Minimum Tax should bear in mind that most deductions--like those for employee business expenses--are disallowed.

    FORBES: Most Overlooked Deductions

  • Traditionally, ordinary workers were at a disadvantage in this game, since unreimbursed employee business expenses are harder to deduct than self-employed business expenses.

    FORBES: U.S. tax rackets

  • If you're in the danger zone, try to limit deductions that aren't allowed in AMT--for example, unreimbursed employee business expenses. (Ask for a bigger expense account instead of a raise.) And pick your muni bond funds carefully: Certain muni interest is taxed in the AMT.

    FORBES: How to adjust your investing, loan and AMT strategies.

  • Many organizations are considering allowing personally-owned mobile devices to access business applications in order to drive employee satisfaction and productivity, while reducing their mobile expenses.

    FORBES: Written by Ojas Rege

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