Fringe benefits are only tax-exempt if they are explicitly excluded by tax law. Recipients of taxable fringe benefits have to include the fair market value of the benefit in their taxable income ...

The Internal Revenue Service (IRS) maintains a list called the Tax Guide to Fringe Benefits. The list of fringe benefits excluded from income taxes includes: All of these exemptions are subject to ...

Managing fringe benefits and entertainment expenses correctly can save your business money and ensure compliance with tax laws.

Currently, athletic facilities can be exempt from federal tax as a fringe benefit exclusion. This may be important, considering data show that about a third of organizations provide onsite fitness ...

The Australian Government has unequivocally ruled out an extension for the popular exemption from Fringe Benefits Tax (FBT) ...

If you're a high-income earner, you may be subject to the Additional Medicare Tax, a 0.9% tax on earnings that exceed specific thresholds based on your tax filing status. This tax ...

Labor’s signature measure to boost electric vehicle uptake has blown out tenfold, with taxpayers spending $560 million per year to exempt one in three EV drivers from paying fringe benefits tax.

The government is ending the fringe benefits tax exemption for plug-in hybrid vehicles on April 1. (Source: Getty) The government is rolling back the fringe benefits tax (FBT) exemption for plug-in ...