Valeric acid, or pentanoic acid, is a straight-chain alkyl carboxylic acid with the chemical formula C 5 H 10 O 2.Like other low-molecular-weight carboxylic acids, it has a very unpleasant odor.t is found naturally in the perennial flowering plant valerian (Valeriana officinalis), from which it gets its name. Its primary use is in the synthesis of its esters. Volatile esters of valeric acid tend to have pleasant odors and are used in perfumes and cosmetics.
Employers' Reimbursements. If your employer offers you a reimbursement plan for your business expenses, you must apply for reimbursement within a reasonable time, and you can only deduct the unreimbursed portion on your taxes.
Accountable Plans as per the IRS Code Section 62(c) and IRS Regulation 1.62-2. To save yourself and your employees some payroll tax expenses, the Internal Revenue Code and. the IRS regulations allow expenses to be deductible for a business and not income to the. employee who is being reimbursed for his business expenses if, and only if, the reimbursements. are made under an accountable expense reimbursement plan. To be an âaccountable planâ, the reimbursement program must have these characteristics: Business connection of expenses; Proper substantiation of expenses; Written plan requiring that employees return to the employer reimbursed amounts