Assertion: reimbursement | /r/HasProperty | nonaccountable
Facets:
value: by the irs
type: OTHER
Source sentences:
text: If your nonprofit reimburses employees or volunteers for expenses through a fixed amount, such as an allowance or a stipend, without requiring documentation, the reimbursements are considered nonaccountable by the IRS.
text: Any reimbursement that is considered "nonaccountable", e.g. does not meet the requirements for an Accountable Plan, is taxed as income.