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Before that, employees could deduct unreimbursed business expenses — along with other miscellaneous expenses, which included home office costs — if they totaled more than 2% of their ...
A mortise is a hole cut into a timber to receive a tenon. There are several kinds of mortise: [16] Open mortise: a mortise that has only three sides. (See bridle joint). Stub mortise: a shallow mortise, the depth of which depends on the size of the timber; also a mortise that does not go through the workpiece (as opposed to a "through mortise").
An expense account is the right to reimbursement of money spent by employees for work-related purposes. [1] Some common expense accounts are Cost of sales, utilities expense, discount allowed, cleaning expense, depreciation expense, delivery expense, income tax expense, insurance expense, interest expense, advertising expense, promotion expense, repairs expense, maintenance expense, rent ...
A chain mortiser used in timber framing. For cutting larger mortises such as those used in timber frame construction, chain mortisers are commonly used. A chain with cutters (similar to a chainsaw chain) rotating within a frame clamped to the work is successively plunged into the workpiece to mortise out the required volume.
Similar to other variable expenses, it may help to average child and pet care costs for the year to estimate the total amount these will take up in a budget. 6. Cell phone
A Health Reimbursement Account is a benefit set up by an employer to help employees cover qualifying health expenses. Reimbursements under an HRA are tax-free for both the employee and employer ...
A Qualified Employee Discount is defined in Section 132(c) as any employee discount with respect to qualified property or services to the extent the discount does not exceed (a) the gross profit percentage of the price at which the property is being offered by the employer to customers, in the case of property, or (b) 20% of the price offered for services by the employer to customers, in the ...
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