Remove Employee Expense Reimbursement Remove payroll Remove Tax
article thumbnail

Fraud Detection and Prevention: Fraud Through Employee Reimbursements

Withum

In past years, the annual audit was performed by a CPA who was an income tax practitioner. As was usual in its audit practice, ACME CPAs designed procedures to test employee reimbursements. Sherry properly reviewed and approved employee expense reimbursements and paid them timely and accurately through payroll.

article thumbnail

Microsoft Debuts Expense Management App

PYMNTS

.” Spend supports automated expense tracking for streamlined expense reports and reimbursements, as well as for tax filing purposes, the company said. Receipt data can be automatically matched to expenses, along with other features.

article thumbnail

Expense Reimbursement vs Company Credit Cards: What Skagit County Business Owners Need to Decide

SkagitCountyTaxServices

If you run such a business in Skagit County, or know somebody that does, funds are available to help with payroll and rent. Now, let’s dive into handling business expenses paid by employees. Time Savings On the surface, issuing employees a company credit card may seem to be the better option in terms of saving time.