As mandated by the Internal Revenue Service, payers must use Form W-4R to withhold the correct amount of federal income tax from nonperiodic payments or eligible rollover distributions from a retirement plan, annuity or individual retirement arrangement.
This resource will assist an employer in drafting a business expense reimbursement policy that helps ensure employees understand exactly which types of expenses are reimbursable and which are not. It will also help ensure compliance with applicable employment tax laws.