Nonprofit Resources
Webinar for Nonprofits: Reimbursement Plans Done Right – Mastering Expense Reimbursements in the Nonprofit World
Accountable expense reimbursement plans are essential in helping nonprofits reimburse employees and leaders in a compliant, tax-efficient manner. Watch this recorded CRI webinar for a practical overview of IRS requirements, common pitfalls in nonprofit settings, and nuanced issues such as ministry-related expenses, mixed-use costs, and documentation challenges. You’ll gain insights into strengthening internal controls and avoiding reclassification risks that can trigger payroll tax consequences.
Designed for both accounting professionals and nonprofit finance leaders, this session bridges technical tax rules with real-world application.
Learning Objectives
After completing this session, participants will be able to:
- Identify IRS requirements for accountable plans, including substantiation, business connection, and timely return of excess reimbursements.
- Evaluate common compliance risks and errors in nonprofit reimbursement practices, including improper allowances, documentation deficiencies, and reclassification as taxable wages.
- Apply best practices to design, implement, and maintain accountable plans that meet nonprofit governance, internal controls, and audit expectations.
Instructor:
Chris Purnell, CapinCrouse