Accountable Plan - A plan for reimbursing employees for business expenses. Under this plan, the reimbursement that the employee receives for the expenses is not included in his/her income. Employees are required to account adequately for expenses with records and return any excess reimbursement within a reasonable period of time.
Accountable Plan : a plan for reimbursing employees for business expenses. under this plan, the reimbursement that the employee receives for the expenses is not included in his/her income. employees are required to account adequately for expenses with records and return any excess reimbursement within a reasonable period of time.
Accountable Plan