IRS Releases 2011 Publication 15-B

The Internal Revenue Service (IRS) recently released an updated version of Publication 15-B, Employer’s Tax Guide to Fringe Benefits. Publication 15-B Focuses on Taxation of Fringe Benefits Publication 15-B provides an overview of fringe benefits as well as sections...

read more

IRS Rules Discounts Offered to Employees Are Taxable Income

In the recently released Chief Counsel Advice (CCA) 200923029, the Internal Revenue Service ruled that discounts provided to an employer’s employees who purchase or lease property from a company that formerly owned the employer are taxable as fringe benefits based on...

read more

IRS Says No Dollar Limit on de Minimis Fringe Benefits

Responding to a request from Senator Richard Shelby (R-Ala.), the IRS stated that there is no dollar limit imposed by law on de minimis fringe benefits. A constituent had written to Shelby and stated that the constituent’s employer required all non-cash gifts valued...

read more
From New Hire to Payroll
With the Click of Button

Streamline Your Hiring
Process With

Tips / Latest News