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	Podcast:		In Legal Terms
	Episode:		In Legal Terms: Fringe Benefits Taxed
	Category:		Education
	Duration:		00:46:47
	Publish Date:		2020-02-05 02:12:16
	Description:		If your employer provides a benefit to you it might be taxed. https://www.irs.gov/publications/p15b Are Fringe Benefits Taxable? Any fringe benefit you provide is taxable and must be included in the recipient's pay unless the law specifically excludes it. Section 2 discusses the exclusions that apply to certain fringe benefits. Any benefit not excluded under the rules discussed in section 2 is taxable. 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. . . https://www.irs.gov/pub/irs-pdf/p4345.pdf Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.
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