April 26, 2016
Tax Partner Diane Giordano discussed travel and entertainment expense reporting with Long Island Business News.
By Bernadette Starzee
Long Island's corporate travel and entertainment activity is livelier than ever, said Diane Giordano, a partner in the tax and business services department at Marcum in Melville. Giordano's insight is in tune with the Global Business Travel Association's findings that U.S. business travel will continue to increase at a stable rate over the next two years, resulting in a 3 percent rise in spending both in 2016 and 2017, bringing the total spend to $310 billion in 2017.
"Most businesses realize that employees need to have some element of travel and meals in order for a business to grow," Giordano said.