The Tax Court has held that the cost of tutoring provided to students with disabilities may be deductible as a medical expense
, if it exceeds general tutoring or is provided by an educator trained to teach children with learning disabilities; see Sims, TC Memo 1979-499, and Rev.
When a company grants an employee an NQSO, it recognizes the related compensation expense
and records a tax benefit equal to the compensation expense
multiplied by the company's income tax rate.
Billing Markup - Provides the ability to automatically apply a percent markup on an expense
Visa International introduces the Visa Central Travel Account Program throughout Latin America and Caribbean, a special corporate card account designed to provide companies with greater control over travel expenses
and more efficiency in the accounting and reconciliation processes.
Difficulty in maintaining compensation pool at desired level due to increasing industry-wide expense
TEI commends the IRS and Treasury for seeking to simplify the section 861 rules by adopting an alternative tax book value method for depreciation expense
. Indeed, we believe that there are other areas (such as goodwill) where distortions may occur that would benefit from similar rules.
The solution includes support for all expense
process features, including manager approval, accounts payable review, re-submission, short pay, rejection and audit.
Recording and tracking expense
detail will give an agency owner the ability to address any expense
items with a professional valuation analyst.
The bold decision to include painting costs in the unusual expenses
category ruffled more than a few feathers.
* health care expenses
that are not reimbursed by a company's insurance plan;
The strong increases in noninterest income improved the noninterest margin steadily from 1985 to 1990, with an overall decrease in the negative spread between noninterest income and expense
of 18 basis points.
In such cases, a special exception applies if the per-diem payment was "paid or incurred by one person...under a reimbursement or other expense
allowance arrangement with another person other than an employer;" see Regs.