Caroline Devoy

Caroline has been rocking the accounting thing for 30 years. A Certified Public Accountant and owner of Biz Hippo, she has worked with small businesses since she was eleven.

A Guide to Reimbursing Employee’s Expenses

Employee expense reimbursements are one of the areas where rumors prevail and the facts are confusing. So let’s start fresh and review the IRS rules about reimbursing employees. Why? The consequences of doing it wrong could be non-deductibility for your business or taxable income for your employees. And either one stinks.