Web(6) Any amount paid specifically - either as an advance, as reimbursement or allowance - for traveling or other bona fide and necessary expenses incurred, or reasonably expected to be incurred in the business of the employer, provided the payment is identified by the employer either by a separate payment or by specifically indicating the ... Webtr.v. in·curred, in·cur·ring, in·curs. 1. To acquire or come into (something usually undesirable); sustain: incurred substantial losses during the stock market crash. 2. To …
Incur - definition of incur by The Free Dictionary
Webdefinition. Bid Preparation and Closing Expenses means any and all of the following expenses incurred by the Manager, any Member, the Company or any Subsidiary for a Targeted Asset, consisting of: (i) reasonable legal and other third- party and out-of- pocket expenses incurred in connection with the due diligence review and analysis of a ... WebFilter & Search. Costs incurred means an expenditure by the Taxpayer or its affiliate to a retailer, lessor or contractor that is directly attributable to the creation of or expansion of a Qualified Facility. Costs incurred means costs integral to the remediation of a site which have been paid by a responsible party. how many pints is 3 litres of water
What Is a Reimbursement, and How Does It Work (With Example)?
WebSep 19, 2024 · The IRS allows businesses to deduct legal and professional fees for "ordinary and necessary" expenses. Businesses may deduct up to $5,000 in startup costs for total startup expenses of up to $50,000. Deductions are limited and need to be amortized for higher total expenses. The forms you need to report for such expenses differ with the type … WebDefine incur. incur synonyms, incur pronunciation, incur translation, English dictionary definition of incur. tr.v. in·curred , in·cur·ring , in·curs 1. To acquire or come into ; sustain: incurred substantial losses during the stock market crash. Webin· dem· ni· fy in-ˈdem-nə-ˌfī. indemnified; indemnifying. Synonyms of indemnify. transitive verb. 1. : to secure against hurt, loss, or damage. 2. : to make compensation to for incurred hurt, loss, or damage. indemnifier. how christian was the taiping heavenly army