Reimbursement Plans

Reimbursement Plans

As a result of the changes made under the 2017 Tax Cuts and Jobs Act (TCJA), there have been some adjustments that may affect employee reimbursements. Tax treatment of employee’s reimbursed business expensed depends on type of reimbursement arrangement is in place....
Reimbursement Plans

Medical Reimbursements

The costs of health care continue to increase, making it harder for individuals, including small business owners, to cover their health care costs. Therefore, it can be beneficial for small businesses to implement medical reimbursement plans, which is fully...