The main function of the Majority and Minority Whips is to gather votes on major issues. Because they are the second ranking member of the Senate, if there is no floor leader present, the whip may become acting floor leader. Before 1969, the official titles were Majority Whip and Minority Whip. 1 Current floor leaders.
What is Business Income and Extra Expense Coverage? Also referred to as business interruption insurance, business income and extra expense coverage provides your business with financial protection when an insured loss prevents you from commencing business as usual.
An expense incurred by an employee while he/she is traveling for business purposes or entertaining a business client. Examples of traveling expenses include money spent on lodging, transportation, and meals. Entertainment expenses may include taking a client to dinner, to a theater show, or to a sporting event. Travel and entertainment expenses are usually tax-deductible. However, it is vitally important that the employee keep supporting documentation such as receipts, mileage logs, etc. in order to claim the deduction.