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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🚨 Join us for the NCPWB 2025 Technical Conference April 27-29 in Clearwater Beach, FL! Learn how good communication can improve welder continuity record keeping from Bob Derby of the United Association (UA).
👉 Register: https://mcaaevents.org/ncpwb-conference/
MCAA’s Field Leaders Conference is where field leaders realize their value.
Click the link to learn more about Mark Rogers's session, The Foreman’s Impact on Profitability, and about the May conference in Washington, DC.
https://ow.ly/K45850UOHK6
Electrocutions are one of the leading causes of death among the construction trades. MCAA's new Electrical Safety Video for the Mechanical Construction and Service Industry highlights how can you avoid becoming one of these statistics. Watch it today! >> https://ow.ly/3oSu50UOeJr
Looking for the latest from HGG Profiling Equipment, Inc. and Morris Group International? Find it in MCAA’s Virtual Trade Show! >> https://ow.ly/gLp250UOemn
