How Are an Employee’s Fringe Benefits Taxed?
Don’t be fooled by the simplicity of fringe benefits tax. For the uninitiated, the fringe benefits tax is a federal income tax that employers pay on the value of all
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Don’t be fooled by the simplicity of fringe benefits tax. For the uninitiated, the fringe benefits tax is a federal income tax that employers pay on the value of all
Sales Tax Nexus is a measure of how much your business is connected to a taxing jurisdiction. In the modern economy, a nexus is created when a business sells something
Nexus is a business term meaning the closest level of connection between a business and state. A nexus is a form of perpetual residency that can be used for tax
Fair housing testers are generally individuals who, for altruistic reasons, test and record the racial, ethnic, and other aspects of rental housing. A person who tests housing, to be a
If a person is not treated fairly at work, it can lead to unhappiness and a lack of productivity. An employer should not discriminate against an employee based on race,
U.S. employers must begin withholding income tax from employees’ paychecks in accordance with the new federal tax law that was signed into effect this past December. Whether you are a
The IRS has released a draft version of Form W-4P, Withholding Certificate for Pension or Annuity Payments. This new form is being put into place to ensure that taxpayers are
Cannabis is still considered a Schedule 1 drug by the federal government and can still be subject to random drug testing. Employers can create policies that exclude people who test
As an entrepreneur, you can feel nervous about losing your staff. If you don’t feel confident in providing a great workplace for your employees, then they may feel the same.
Housing is one of the most important aspects of the nation’s economy. Homeownership is vital to the communities and financial stability. According to the Internal Revenue Service, the U.S. Department
Fringe benefits are supplements on an employee’s normal salary. They are the unspoken perks that can make a big difference to your standard of living. While employers and employees alike
Fringe benefits are employee benefits that are not part of the regular pay, so they are not included in the traditional payroll figures. These are the perks that employees receive
Tax jargon does not come naturally to individuals who do not work for the IRS. That is one of the causes why there is so much confusion regarding the difference
The tax levy is a legal process that the IRS can use to collect an outstanding debt. A taxpayer is required to start this process while the debt remains unpaid.
Emotional support animals (ESAs) are becoming increasingly common as more and more people with disabilities or chronic pain seek assistance from them. So what’s the difference between an ESA and
