How do I set up a tax rate in Expensify?

If you are an employer or business owner, you may need to set up a tax rate in Expensify in order to accurately track and report employee expenses. This is especially important if you are required to withhold taxes from employee reimbursements or if you need to report employee expenses for tax purposes. Setting up a tax rate in Expensify will ensure that you are accurately tracking and reporting employee expenses, which can help you avoid any potential tax penalties.