As part of its National Research Program begun in 2010, the Internal Revenue Service (IRS) has examined tax returns of thousands of small, medium-sized and large businesses looking for areas of under-compliance and under-taxation. These special audits focused on several areas of concern including the following:
- Worker misclassification
- Fringe benefits
- Officers’ compensation
- Employee expense reimbursement plans
- Non-filers
Scrutiny of employee expense reimbursement has focused on employer reimbursements that have not been taxed as income, including the following:
- Tool and equipment expenses
- Travel expenses, including airplane tickets and train tickets
- Hotel expenses
- Entertainment
- Meals
The IRS expects employers to have accountable plans in place to keep close tabs on expense reimbursement, protect reasonable expense reimbursement and prevent abuse in this area. Is your business facing an audit and do you anticipate scrutiny related to expense reimbursement? Attorney Lawrence Brown of Brown, PC, can advise and represent your business.
Is the IRS Microscope Focused on Your Company’s Employee Expenses? Lawyer Lawrence Brown Can Advise.
Lawrence Brown has the knowledge and experience that employers look for in high stakes, complex audit cases. He brings the benefit of his experience as a former trial lawyer for the Department of Justice Tax Division, his more than 20 years of experience in tax law and his ability to craft winning strategies to bear on every case. Learn how Brown, PC, can counter the IRS while working to resolve your case efficiently and favorably.
Brown, PC, serves individuals and businesses in the Dallas-Ft. Worth Metroplex, statewide in Texas, and nationwide. Contact Lawrence Brown at 888-870-0025 to arrange a confidential consultation about your impending IRS audit or appeal.