10/02/2013
Although employees who substantiate their business meal and entertainment expenses are usually reimbursed 100%, your corporate deduction for those expenses is limited to 50%. Final regulations assign this so-called deduction disallowance to the party—the employer, the employer’s agent or someone else—who actually bears the expense.
10/01/2013
Do you have former employees collecting both workers’ compensation and partial disability benefits for an on-the-job injury? Thanks to a recent Court of Appeals of North Carolina decision, now is a good time to see if they may no longer be eligible for those workers’ comp benefits.