The Tax Adviser

IRS proposes using NAICS to determine lines of business for certain fringe benefit exclusions

The North American Industry Classification System, already in use for other tax purposes, replaces a specified manual that ...
The Business Journals

Fringe benefits: What small business owners need to know about taxable and nontaxable compensation

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

Employer Provided Work-Life Referral Programs Considered Nontaxable Fringe Benefit

In recent guidance published by the Internal Revenue Service (IRS) on April 16, 2024, the IRS has taken the position that work-life referral plans provided by employers are excludable from employee ...
The Business Journals

4 employee fringe benefits health care practices should implement

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Skilled and caring employees are the backbone of a ...
McKnight's Long-Term Care News

Fringe benefits could be 8 times more effective than raises for CNA retention

Increasing spending on key fringe benefits is a more cost-effective retention strategy than pushing up wages for certified nurse aides, finds a new study of US nursing homes. While raising pay 10% ...
Miami University

Understanding Taxable Fringe Benefits

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 ...