IRS Non-Bank Professional Development 
Nanonets
FEBRUARY 13, 2024
Professional Fees : Outsourcing professional services such as legal advice, accounting, and consulting can be crucial for business success. Insurance : Adequate insurance coverage is non-negotiable for protecting your business. Keep track of these expenses to ensure you’re getting a good return on your investment.
Nanonets
MARCH 4, 2024
Fraudulent Claims Intentional Misreporting Submission of non-business-related expenses as business expenses. Non-compliance with IRS or International Guidelines Misclassification of expenses can lead to tax compliance issues. Duplicate Claims Employees submitting the same expense for reimbursement more than once.
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