It’s important to note that a critical first step in calculating labor costs is accurately classifying employees as exempt or non-exempt.Exempt vs. non-exempt employeesare subject to different wage and hour regulations. These stipulations can then impact overtime pay, minimum wage requirements, an...
For more information on a special rule that allows the temporary 100% deduction for the full meal portion of a per diem rate or allowance, refer to Notice 2021-63PDF. BTW, that did not answer his question. I think the following link may offer a solution: https://...
Do I have to pay taxes on reimbursements? If you have an accountable plan and the expenses were approved then reimbursements are not taxed. Non-accountable plan reimbursements are taxed normally as wages. What’s the difference between an accountable plan and a non-accountable plan? An accountabl...