The IRS wants to replace Reagan-era standards for determining an employer’s line of businesses when calculating tax-free ...

Taxable Fringe Benefits Taxation of Fringe Benefits Summary This provides guidance regarding the tax implications of gifts, prizes, and awards made to employees so that: 1) departmental personnel can ...

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 ...

IRS regulations also provide examples of benefits that do not qualify as de minimis fringe benefits, and must be included in an employee’s taxable income: Season tickets to sporting or ...