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The IRS asserted that the payments should be reclassified from employee business expenses to compensation.
FORBES: Representation Before the IRS
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The payments were made, and however characterized as reimbursement of employee business expenses or compensation they were allowable business expense deductions.
FORBES: Representation Before the IRS
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Also, those subject to the dreaded Alternative Minimum Tax should bear in mind that most deductions--like those for employee business expenses--are disallowed.
FORBES: Most Overlooked Deductions
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Traditionally, ordinary workers were at a disadvantage in this game, since unreimbursed employee business expenses are harder to deduct than self-employed business expenses.
FORBES: U.S. tax rackets
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If you're in the danger zone, try to limit deductions that aren't allowed in AMT--for example, unreimbursed employee business expenses. (Ask for a bigger expense account instead of a raise.) And pick your muni bond funds carefully: Certain muni interest is taxed in the AMT.
FORBES: How to adjust your investing, loan and AMT strategies.
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Many organizations are considering allowing personally-owned mobile devices to access business applications in order to drive employee satisfaction and productivity, while reducing their mobile expenses.
FORBES: Written by Ojas Rege