Reimbursements for past or future expenses are not considered in income calculations. Examples of reimbursements include: travel, per diem, uniforms, and medical or dependent care. When a reimbursement covers multiple expenses, it is not necessary to itemize each expense.
Getting the Whole Story PAY stubs provide you with a lot of information about a client’s income, but they don’t always yield up their secrets without a little effort on your part. Here are some valuable tips on getting the important information you need. Check Stub Identification Make sure there is enough information on the […]