Employee Benefits Blog
Posts tagged revenue ruling 2012-25
September 12, 2012
On September 10, 2012, the IRS issued Revenue Ruling 2012-25 regarding the circumstances under which payments to employees can be treated as tax-free expense reimbursements under the “accountable plan” rules. While the ruling does not appear to represent a significant departure from earlier IRS pronouncements, it does provide a thorough reiteration and summary of the “accountable plan” rules, especially of the “wage recharacterization” component of the rules.