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

Fringe benefits are forms of compensation you provide to employees outside of a stated wage or salary. Common examples of fringe benefits include medical and dental insurance, use of a company car, ...

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 ...

Fringe benefits that an employer provides to an employee can be classified as either direct or indirect costs. The cost of employer-paid health insurance premiums and employer pension contributions ...

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 ...

The Internal Revenue Service (IRS) recently clarified its position on two fringe benefits provided to employees on global assignments: tax equalization services and tax return preparation services.

It’s a topic that has been in the news lately: Exactly what constitutes taxable fringe benefits for employees? Which are perfectly legal perks, and which are to be avoided? First of all, what’s the ...