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What is an Accountable Reimbursement Plan and why is it important?

accountable Plan Reimbursement
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What is an Accountable Reimbursement Plan and why is it important?

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If a church staff member receives an advance or a reimbursement of the employees business expenses, how it is reported to the IRS depends on whether or not it is an accountable plan. Accountable reimbursements are not treated as income.

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