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IRS Requirements for Reporting Travel Advances and Travel Expense Reimbursements - NEW Earnings Code

IRS Requirements for Reporting Travel Advances and Travel Expense Reimbursements - NEW Earnings Code

August 6, 2013

In order to better accommodate IRS requirements for reporting taxable travel advances and/or taxable travel expense reimbursements, effective July 1, 2013, a new earnings code was made available in TeamWorks HCM.