The Internal Revenue Service cast its cold eye on the nation’s expense account economy, and millions of U.S. taxpayers felt the chill. Henceforth, the collectors revealed last week, each taxpayer must ...
An expense account sounds simple enough, but it actually means two different things in business. First, it’s the process that lets employees pay for work expenses and get reimbursed by their company.
Business travelers beware – the next time you think about charging little extras to your expense account, consider worst-case scenarios. One woman was immediately fired for putting a $9.95 hotel room ...