The Taxable Fringe Benefits Guide

January 2010 Taxable Fringe Benefits Guide.

Just a friendly reminder to report those fringe benefits to the IRS!

Definition of Employee: All of the following are considered employees for purposes of working condition fringe benefits:

Reg. §1.132-1(b)

  • Current employees
  • Partners
  • Board of directors of the employer
  • Independent contractors
  • Volunteers