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US Bank Archive

Gifts, Prizes, and Awards from University Funding Sources Administrative Policy

Policy This policy outlines the guidelines for Wake Forest University when providing gifts, prizes, donations, and awards, emphasizing their taxable nature for recipients in accordance with federal and state regulations. It clarifies procedures for documentation and tax implications, highlighting the need for cooperation across departments […]

Travel, Entertainment, and Business Expense Policy and Procedure

Policy Expenditures necessary in carrying out the mission of the University, consistent with the normal business operations of the University. These expenses are reasonable in nature and are paid or funded by the University. The University supports the “accountable plan” as defined by IRS regulations […]

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