053-2 Wyo. Code R. §§ 2-15 - Employer Reimbursements or Allowances for Employee Business Expenses
(a) Employer
reimbursements or allowances of employee business expenses are not considered
gross earnings if the employer has appropriate records to substantiate that an
"accountable plan" has been established and implemented as follows:
(i) There must be a business connection for
expenses incurred while performing services as an employee, officer or member
of the employer.
(ii) The expense
must be reasonable.
(iii) There
must be actual accounting for the expense, by the employer and the employee,
officer or member.
(A) For travel expenses
reimbursed at established federal per diem rates, documentation of the trip
will be considered actual accounting.
(B) For business entities with federally
recognized expense allowances, the U. S. Treasury allowance will be considered
actual accounting.
(iv)
All excess reimbursement or allowance must be repaid by the employee, officer
or member to the employer within one-hundred and twenty (120) days after the
expense was paid or incurred.
(b) Payments that do not include all of the
above or exceed federal per diem or federal allowances will be deemed to be
gross earnings.
Notes
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