My job requires I be in NYC about one week per month. I currently receive a $15,000 cost of living adjustment that is rolled into my salary (so I pay taxes on it, but take a tax deduction.) I use that cost of living adjustment to pay for my living expenses when I’m in New York. Costs last year were just under $15,000 (renting a room from a friend for $1,150 per month.)
Would it be more advantageous to ask my employer to reimburse actual living expenses (on an expense report) rather than receiving the $15,000?
Thanks!