by Jeanine Hemingway CPA | Aug 22, 2012 | Announcements, Business, Education, Tax Blog
If you reimburse employees for mileage, educational classes or other business expenses, you need to have a policy called an Accountable Plan. If you do not have one, the IRS can re-classify all these reimbursements as taxable income. This does not need to...
by Jeanine Hemingway CPA | Aug 22, 2011 | Education, Tax Blog
According to a study released by the US Government’s General Accounting Office last year, most taxpayers (77% of 71 million taxpayers) believe they benefited from using a professional tax preparer.