In today’s competitive job market, fringe benefits play a pivotal part in attracting and retaining top talent. These benefits extend beyond the scope of regular wages, encompassing any non-cash ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Small business owners have many responsibilities. One of ...

It’s a topic that has been in the news lately: Exactly what constitutes taxable fringe benefits for employees? Which are perfectly legal perks, and which are to be avoided? First of all, what’s the ...

The IRS Publication 15-B defines a fringe benefit as "a form of pay for the performance of services." Fringe benefits are commonly regarded as extra benefits outside of a company's standard health ...

Cassie is a former deputy editor who collaborated with teams around the world while living in the beautiful hills of Kentucky. Focusing on bringing growth to small businesses, she is passionate about ...

Employers today often use perks to attract new talent in the form of discounts and deals, commuter funds, gym memberships, child care, free lunches and more. But the pandemic has impacted what sort of ...

Fringe benefits are the employer’s cost of hiring an employee. Employer paid expenses while employing an employee above the employee's salary or wage compensation are charged proportionally to the ...

This provides guidance regarding the tax implications of gifts, prizes, and awards made to employees so that: 1) departmental personnel can provide proper communication to the employee at the time of ...