Travel Pay, T&E Reimbursements and Vicarious Liability
Author: Miles Hutchinson
| CPE Credit: |
2 hours for CPAs |
What are the rules regarding when an employee must be compensated for time and expenses incurred while traveling on company business? They are so complex and confusing! Issues include employee use of his or her own vehicle, use of company owned vehicles, proper administration of and accounting for travel pay, and the best way to handle suspected abuses by employees of an employer's travel & entertainment policy.
Experienced CGMA and businessman Miles Hutchinson will review the law regarding travel compensation and travel & expense reimbursement. He will provide practical guidance for reducing wage and hour claims and IRS scrutiny.
Publication Date: April 2025
Topics Covered
- Compensable travel time
- Travel & entertainment expenses
- Gifts
- Vehicle expenses
- Luxury travel
- Employer liability for damages arising from employee travel
- Best practices
Learning Objectives
- Recognize when and how you must compensate employees for travel time
- Recognize how to comply with the requirements under the Portal Act
- Explain how to apply the most current IRS travel expense documentation requirements
- Identify employer liability for accidents of traveling employees
- Explain when employee meals are 100% deductible and when they are only 50% deductible
- Recognize the limitations when personal and business travel and entertainment are mixed
- Explain how to create records that will stand the scrutiny of a compensation or tax audit
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Specialized Knowledge (2 hours)
Program Prerequisites
Advance Preparation
None
