Expense Deductions: Your Corporate Gift Guide
November 24, 2014
There are plenty of reasons your company would give a corporate gift: spreading seasonal cheer, thanking a valued client, or celebrating professional achievements. Organizations can certainly benefit—not only from fostering client or employee relationships—but also from IRS-defined deductions. As the holiday season approaches, here’s a regulation refresher when it comes to corporate gift-giving expenses.
The $25 Gift Limit
Your company can deduct up to $25 for each business gift per recipient per tax year. Colleagues, clients, and employees all fall under this $25 limit, whether the gift is direct or indirect. The difference? A gift intended for eventual personal use is considered an indirect gift, including gifts to clients or family members of employees, whereas those given as part of a direct professional relationship (i.e. a company to its employees) are considered direct.
Costs that are considered incidental are generally not included when determining the ...
November 18, 2014
Introducing Mobile Create and Submit
Breaking news: For those of you who aren’t currently using ReportExecutive for auto-generated expense reports, Certify has created a great new feature that will make expense reporting even easier. Introducing Certify Mobile Create and Submit, the new feature that allows you to create and submit expe...
November 14, 2014
3 Ways to Avoid Road Warrior Weariness
Road warriors are no strangers to burning out: your physical health, your stress levels, and your downtime are all affected by frequent business travel. We’ve come up with a few relevant tips to make the most of your time on the road, becoming a healthy, organized, tech-savvy traveler.
1. Take c...
November 12, 2014
Rising Corporate Hotel Rates & New Booking Strategies for 2015
Supply & Demand: Corporate Rates on the Rise
Recent research led by Bjorn Hanson at the Preston Robert Tisch Center for Hospitality and Tourism and the School of Professional Studies shows that negotiated rates are on the rise for 2015. Due to business meeting demand and a corporate rate growth pla...
November 6, 2014
AFP Annual Conference 2014: The Highlights
Certify kicked off November exhibiting at the 2014 AFP Annual Conference (Association for Financial Professionals) in Washington, D.C. With nearly 7,000 attendees, the conference fostered countless relationships and conversations, learning opportunities, and—of course—a chance to stock up on exhibit...
October 28, 2014
Webinar with H&R Block: Highlights and Takeaways
On October 14th, we co-presented a webinar with Tim Harrison of H&R Block, discussing the large-scale switch from manual expense management to a fully automated process. Certify’s President and Co-Founder, Bob Neveu, shared the data-backed benefits of using cloud-based expense management software, w...
October 22, 2014
Seamless and Uber Continue To Rise in Popularity for Big Cities
The SpendSmart™ Report is a quarterly report by Certify that rounds up some of the biggest trends in business travel spend. As we have previously discussed, Starbucks continues to be the number one expensed restaurant in the US, beating out other popular brands such as McDonalds, Subways, and Pane...
October 21, 2014
Certify Gears Up for The AFP Conference
On November 2nd, 2014, we will be joining over 6,500 finance professionals at the AFP Conference (Association for Financial Professionals) in Washington D.C., learning more about the current geopolitical and economic conditions that will be shaping the finance world of tomorrow. With 14 word-class s...
October 17, 2014
Certify Releases 2014 Q3 SpendSmart Report
We, here at Certify, are ecstatic to reach a new milestone with our seventh quarterly SpendSmart™ Report. This report is compiled using over 200,000 reviews, millions of receipts and, of course, the constant feedback from our happy clients and users. Once, at the end of every quarter, we look into ...
October 15, 2014
Save Time and Increase Productivity with ReportExecutive™
Certify ReportExecutive™ simplifies the expense reporting process for your entire company. How much time could you save by switching to automated expense reporting software?
Company-wide scheduling makes it easy to coordinate expense report creation and submission. Expense reports are compiled au...
October 10, 2014
Simplify Expense Management With Certify and Per Diem Allowances
In recent months, the General Service Administration (GSA) has released the per diem rates for the lower continental United States (CONUS) for fiscal year 2015. The GSA is responsible for establishing per diem allowances for federal government employees, though general employers can also adopt the ...