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Rob is a self-employed CPA. He sends his employee, Charles, to San Antonio to assist on an audit. Charles has expenses for airfare, meals, laundry,
Rob is a self-employed CPA. He sends his employee, Charles, to San Antonio to assist on an audit. Charles has expenses for airfare, meals, laundry, lodging, and long-distance calls home to his family. Which method may Rob use to reimburse Charles?
a.Meals and incidental expenses using a per diem amount, with actual expenses for other costs.
b.Actual expenses with receipts.
c.Per diem based on the regular federal rate.
d.Per diem based on the high-low method.
e.Any of these choices listed are correct.
b.$32,000
c.$430,000
d.$30,000
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