Resource Highlight: MCAA’s Tax Requirements Applicable to Travel Reimbursements, Advances and Subsistence Allowances

Mechanical contractors must satisfy federal employment tax requirements with respect to all “wages” paid to employees. MCAA’s Tax Requirements Applicable to Travel Reimbursements, Advances and Subsistence Allowances explains the tax rules and addresses the related question of the employer’s right to deduct these payments as ordinary and necessary business expenses. It’s just one of MCAA’s educational resources that are free to MCAA members as a benefit of membership.

The bulletin explores:

• Withholding requirements
• Deductibility substantiation requirements
• Income tax consequences to the employee

For a full list of available Management Methods Bulletins, visit the Management Methods Bulletins page.

Have Questions or Need Personal Assistance?

Contact MCAA’s Frank Wall.