Summary: <p>If your employer provides a benefit to you it might be taxed.</p><p><br></p><h4> <a href="https://www.irs.gov/publications/p15b" target="_blank">https://www.irs.gov/publications/p15b</a> <strong>Are Fringe Benefits Taxable?</strong> </h4><p>Any fringe benefit you provide is taxable and must be included in the recipient's pay unless the law specifically excludes it. <a href="https://www.irs.gov/publications/p15b#en_US_2020_publink1000193638" target="_blank">Section 2</a> discusses the exclusions that apply to certain fringe benefits. Any benefit not excluded under the rules discussed in section 2 is taxable.</p><br><p>Question from a caller: If you receive proceeds from settlement of a lawsuit, you may have questions about whether you must include the proceeds in your income. . . <a href="https://www.irs.gov/pub/irs-pdf/p4345.pdf" target="_blank">https://www.irs.gov/pub/irs-pdf/p4345.pdf</a></p><br><hr><p style="color:grey;font-size:0.75em;"> Hosted on Acast. See <a style="color:grey;" target="_blank" rel="noopener noreferrer" href="https://acast.com/privacy">acast.com/privacy</a> for more information.</p>
