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.
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MCAA’s Field Leaders Conference is where field leaders realize their value.
Click the link to learn more about Chris Haslinger's session, Your Role in Growing Future Leadership, and about the June conference in Philadelphia, PA.
https://ow.ly/NLLS50RG9hM
Congratulations to the MCAA/CNA Safety Excellence Awards winners for 2023. Watch for highlights of each winner's outstanding safety performance in the coming weeks.
MCAA thanks @cna_insurance for their long-time partnership in safety.
https://ow.ly/ZaYk50RERKu
Looking for the latest from @CoolingIsBAC and @Sporlan? Find it in MCAA’s Virtual Trade Show! >> https://www.mcaa.org/?post_type=news&p=76722
The Severn Group leveraged the @Victaulic grooved copper system’s design flexibility and on-site fabrication capabilities to race ahead of schedule on a new multimillion-dollar casino & hotel. >> https://www.mcaa.org/smart_sol_article/racing-ahead-of-casino-schedule/
