Reimburse Your Employees Tax-free for their Personal Business Expenses
The Compensation Plus Program allows you, as an employer, to offer your employees the benefit of tax-free reimbursement on their unreimbursed job-related expenses — with zero increase in the employee’s overall compensation plan. Today, many employers reimburse their employees on some items, but not all of their job-related expenses. Other employers may not be able to offer the benefits of business expense reimbursement to any employees. With CP+PLUS, employers can now offer an Accountable Expense Reimbursement Plan by outsourcing the workload to CP+PLUS. All administration, including receipt validation is handled seamlessly by our team with no expense to the employer.
Plus, we are an IRS-compliant administrator providing this service at no cost to employers.