The Secret of Taxing and Reporting Fringe Benefits. | |
As a payroll professional, you must know cold—no guessing—when a Taxable Fringe Benefits is taxable and when it is not when it is reportable and when it is not. Payroll must know when providing a fringe benefit must be considered wages or if it is “tax-free”. What if the employee pays some of the cost of a fringe benefit? How does that affect taxing and reporting? Are there dollar limits? Does it become taxable after a certain amount? And after you have mastered all the facts along comes a new tax bill by Congress that can change everything you just learned when it comes to taxing fringe benefits. All fringe benefits must be handled correctly, under the latest rules, to minimize the chance for penalties and interest to be levied against your company or for triggering larger and more intrusive governmental audits. | |
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Target State: Delaware Target City : Middletown, DE 19709 Last Update : Apr 11, 2023 2:55 AM Number of Views: 59 | Item Owner : Supreme Trainer Contact Email: Contact Phone: 3153673577 |
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