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2. Internal Revenue Code section 132(a) - Wikipedia

   en.wikipedia.org/wiki/Internal_Revenue_Code...

   While the Internal Revenue Service does not define infrequently, gifts to employees on a quarterly basis would not qualify as a de minimis fringe benefit. [13] Examples of tax-free de minimis fringe benefits include occasional typing of personal letters by an employee of the employer; occasional personal use of the employer's copier as long as ...

3. Employer transportation benefits in the United States

   en.wikipedia.org/wiki/Employer_transportation...

   An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.

4. De minimis fringe benefit - Wikipedia

   en.wikipedia.org/wiki/De_minimis_fringe_benefit

   Under US Internal Revenue Service Code § 132(a)(4), “de minimis fringe” benefits provided by the employer can be excluded from the employee’s gross income. [1] “ De minimis fringe” means any property or service whose value (after taking account of the frequency with which the employer provides smaller fringes to his employees) is so small as to make accounting for it unreasonable or ...

5. What Is Taxable Income? Here’s What You Must Report ... - AOL

   www.aol.com/taxable-income-must-report-avoid...

   For example, if you receive a paycheck on Dec. 29, 2020, but you delay cashing the check until Jan. 3, 2021, it still counts as taxable income for the 2020 tax year.

6. Taxable Income: What It Is and How To Calculate It - AOL

   www.aol.com/taxable-income-calculate-185222875.html

   Some fringe benefits are exempted from taxable income, ... s — all count as taxable income. For example, the money in your traditional IRA is only taxed after being distributed to you. These ...

7. Employee benefits - Wikipedia

   en.wikipedia.org/wiki/Employee_benefits

   Some fringe benefits (for example, accident and health plans, and group-term life insurance coverage up to $50,000) may be excluded from the employee's gross income and, therefore, are not subject to federal income tax in the United States. Some function as tax shelters (for example, flexible spending, 401(k), or 403(b) accounts).

8. Employee compensation in the United States - Wikipedia

   en.wikipedia.org/wiki/Employee_compensation_in...

   Many employer-provided cash benefits (below a certain income level) are tax-deductible to the employer and non-taxable to the employee. Some fringe benefits (for example, accident and health plans, and group-term life insurance coverage (up to US$50,000) (and employer-provided meals and lodging in-kind, [22]) may be excluded from the employee's ...

9. Internal Revenue Code section 61 - Wikipedia

   en.wikipedia.org/wiki/Internal_Revenue_Code...

   Section 61 lists examples of items that are taxable under the Code, including "Compensation for services, including fees, commissions, fringe benefits, and similar items"; "Gross income derived from business"; and "Gains derived from dealings in property".