Previous Tax Clinic items have addressed the deductibility and potentially tax-favored funding mechanisms of tuition and fees as medical expenses
for special-needs children (see Goldsberry, Tenney and Luke, "Deductibility of Tuition and Related Fees as Medical Expenses
," TTA, November 2002, pp.
When an employee exercises an NQSO, the company compares the allowable tax deduction with the related financial statement compensation expense
computed earlier and credits the tax benefit associated with any excess tax deduction to APIC.
General Ledger Allocations - Allows general ledger accounts to be associated with expense
items for streamlining integration of data with accounting systems.
"Travel and entertainment is one of the largest controllable expenses
for companies, after personnel and IT services.
A private practice physician's compensation is limited only by his/her ability to generate and collect revenue, and control expenses
. Successful private practitioners are constantly trying to raise revenues and reduce expenses
in order to increase their personal incomes.
We believe that the diversity and professional training of our members enable us to bring an important, balanced, and practical perspective to the issues raised by the proposed regulations under section 861, relating to the allocation and apportionment of interest expense
By bringing the entire expense
process online, 170 MarkView Expense
Management enables users to review the receipts they have submitted when tracking the status of active and past expense
It also is wise to manage expenses
that are not directly tied to selling accounts or servicing customers.
In the past 12 months, as beleaguered companies have had to resort to all manner of accounting legerdemain to dress up their balance sheets, more than two dozen have been criticized for a similarly liberal interpretation of the "unusual" expenses
Separate accounts are established in the employee's name for health care expenses
and dependent care expenses
control and improving credit quality should help bolster income for healthy banks; however, the assets of problem banks are at record levels.
This exception requires a determination of whether TLC (1) incurred the per-diem expenses
"under a reimbursement or other expense
allowance arrangement with such other person" (its trucking company clients) and, if so, (2) "account[ed] ...
"The Verbal Expense
Tracking System is the best and easiest to use expense
tracking system I have ever seen, said Botkin, Attorney and Certified Public Accountant and CEO of the Tax Reduction Institute based in Washington D.C.
* Advise the church, temple or mosque to adopt an accountable reimbursement arrangement if an accountable plan is used for business expenses
. Be sure the cleric has sufficient evidence to substantiate the amount, date, place and business purpose of the expense
In the United States, Diners Club Online Expense
Reports provides small- to mid-sized companies a fast and simple approach to standardized and streamlined expense