convenience of employer test

Definition

Guidelines established by the IRS to determine the tax treatment of employee business expenses incurred during the performance of employer required tasks. Expenses incurred by an employee that are essential to perform job tasks that are otherwise not reimbursed by the employer may be tax deductible to the employee. Conversely, it must be demonstrated that expense reimbursements made to an employee are the convenience of the employer in order for the employer to treat them as deductible expenses.

单词	convenience of employer test
释义	convenience of employer test Definition Guidelines established by the IRS to determine the tax treatment of employee business expenses incurred during the performance of employer required tasks. Expenses incurred by an employee that are essential to perform job tasks that are otherwise not reimbursed by the employer may be tax deductible to the employee. Conversely, it must be demonstrated that expense reimbursements made to an employee are the convenience of the employer in order for the employer to treat them as deductible expenses.
随便看	notification notified without engagement notify address notifying bank notify party not in contract (NIC) not in my backyard (NIMBY) not invented here notional amount notional cost notional demand notional principal not less than (NLT) not negotiable notorious possession not otherwise classified (NOC) not otherwise specified (NOS) not sufficient funds (NSF) not taken not to exceed (NTE) notwithstanding Nouveau Marche novated lease novation novation agreement