BTE Policy Development
The current Business &Travel Expense Policy was updated in 2011 following a comprehensive IRS audit and Internal Audit over the university's Accountable Plan and expense reimbursement practices. The Accountable Plan is essentially the processes that the university follows that permits the reimbursement of business and university travel expenses on a tax free basis. Without a compliant Accountable Plan, these reimbursements must be treated as taxable income to the individual incurring the expense.
The policy now makes the university compliant with current rules and regulations, it strengthens our controls, and it correctly reflects our operating procedures.
CMU Ethics Reporting Hotline
www.reportit.net (Username: tartans; Password: plaid)