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Reportability of short-term apartment lease for employee travel
April 24, 2024
Q. We have an employee who will need to travel and be on-site at a location for 2-3 months long for business purposes. We would prefer to sign a lease for the duration of the stay rather than having the employee stay in a hotel.Is there any concern that this may be considered a fringe benefit which should be taxable and claimed as income on his W-2? Can the employee sign the lease, and submit the monthly rental fees for T&E reimbursement similar to what they would do if staying in a…
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