The College of DuPage will pay the government more than $4,000 after an Internal Revenue Service audit found nearly 100 occurrences where officials inaccurately expensed meals for trustees and administrators at The Waterleaf, the college’s high-end restaurant, reports The Chicago Tribune.
The IRS concluded that 44 percent of those meals charged on house accounts in 2013 had either insufficient documentation or served no business purpose—including a $724 dinner before a board meeting and a $154 bar bill for post-meeting drinks—making them taxable compensation for employees.
Officials say the college will also pay the negotiated amount of $2,739 for taxes on tabs in 2014, without any further auditing.
"The college has new leadership, a new board that has worked hard to ensure that proper controls are in place,” spokesman Joseph Moore told the Tribune. “We are confident going forward that expenses are being accounted for appropriately.”
Read the full story via The Chicago Tribune.