To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Small business owners have many responsibilities. One of ...
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 ...
When a regular payroll expense occurs, the charge to the salary account will trigger the fringe rate to be applied and charged to the correct fringe benefit account. When a PET occurs, the charge to ...
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