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Bain & Company Can any Bain & Company fish provide insight on Bain's expense policy? When WFH, at client site (outside of based city) and when working with local client...
It would also be helpful to provide insight on travel policy - first class in which flights, always 5-star hotels? Etc.
Thank you!
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Depends on nature of issue and size of adjustment. If it’s minor I usually just ignore until audited. I wouldn’t try to do a true-up because I don’t think the IRS will take that into consideration if they are auditing you.
If it doesn’t impact tax due then you could just true it up. Generally happens with loss companies where you true up the NOL or credit carryforward and include a statement explaining it. As always though, it depends.