FlyerTalk Forums - View Single Post - expense acct question
Thread: expense acct question
View Single Post
Old Aug 9, 2004 | 12:02 pm
  #11  
travelinmanS
FlyerTalk Evangelist
40 Countries Visited
3M
80 Nights
20 Years on Site
 
Join Date: Feb 2003
Posts: 11,245
Originally Posted by HepperSchepp
Reciepts for everything, EXCEPT Meals. Meals are a $35 max per day. Your on your own to expense what you spend up to $35. Hotel, Airline and Car all have to be on your corperate card.

On another note, corperate cards came into favor when the IRS said that you DON'T need reciepts for charges made on a company credit card. For cash based reciepts i believe it is $75.

Is it true that the IRS doesn't need receipts for items charged on the corporate card? Does this mean that I wouldn't have to submit my hotel bills, airline tix, ect. if I use the corporate card (according to IRS policy, of course)...is there anywhere you can reference this?

Thanks
travelinmanS is offline  
Reply