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titleExpense Advances with Taxable Components

When an employee submits an expense advance that includes a taxable (ERB) component, the full portion of the amount will be advanced to the employee. Upon receipt of the Expense Advance Paydown form, the taxable portion of the original advance will be taxed on the employee's next paycheck. 


Warning
titlePaydown Returned Late

If a paydown form and receipts are not returned within 90 days of the expense advance's original paydate, the expense advance will be converted to a salary advance which will be deducted from the employee's next paycheck.