Question: When is it efficient for the employer to reimburse the employee for business meals and entertainment expenditures? How does the 2% limitation on miscellaneous itemized
When is it efficient for the employer to reimburse the employee for business meals and entertainment expenditures? How does the 2% limitation on miscellaneous itemized deductions affect the decision? What nontax factors might influence the decision?
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Reimbursement causes the employee to lose 50 of the reimbursed amount as atax deduction This has aco... View full answer
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