Get Accountable Plan Template 2020

Filling out the Accountable Plan Template 2020 online can seem daunting, but with the right guidance, it becomes a straightforward process. This guide provides clear, step-by-step instructions to help you successfully complete the template and ensure compliance with expense reimbursement policies.

Follow the steps to complete the Accountable Plan Template 2020 online.

1. Click ‘Get Form’ button to access the Accountable Plan Template 2020 and open it in your preferred online editor.
2. Begin by identifying the company name in the designated field at the top of the form. Ensure to enter the full legal name of the business as it appears in official documents.
3. In Part I, outline your company’s expense reimbursement policy by providing any specific terms and conditions relevant to ordinary and necessary business and professional expenses. Make sure this aligns with Reg. 1.62-2 requirements.
4. Detail any necessary regulations regarding expense substantiation as per your company policy. Highlight that all expenses must be adequately documented to avoid being classified under a ‘non-accountable’ plan.
5. Specify the timeframe within which expenses must be substantiated. Reference your company policy document that defines a reasonable period for this process.
6. For any charge made to company credit cards, include a similar requirement for substantiation in a timely manner, mirroring the preceding step.
7. Describe the conditions regarding advances. Clarify that any advances not substantiated within the set timeframe must be reimbursed back to the company.
8. In Part II, list any exceptions to the accountable plan, including specific roles, expenses, or situations that are not covered under this policy.
9. Once all fields are filled out accurately, review the entire document for completeness and accuracy.
10. When satisfied with the information provided, save your changes. You can then choose to download, print, or share the completed template as needed.

Start filling out your documents online today to streamline your process!