Fringe Benefits for Employees

Fringe benefits tax (FBT) to pay with personal income tax on fringe benefits they receive

Fringe benefits are defined by the IRS as being a kind of pay that’s awarded for the performance of services. A fringe benefit is often considered to be an extra offering outside of a business’s standard health insurance plans.   The employer is regarded as the provider of any fringe benefits that employees receive, even… Continue reading Fringe Benefits for Employees

Supreme Court Refuses To Overturn ACA

Compliance Concept. The meeting at the white office table

Supreme Court Refuses to Overturn the Affordable Care Act   Following a lawsuit filed by Republican state attorneys, the US Supreme Court voted against overturning the Affordable Care Act. The 7-2 vote came after the ACA was claimed to be unconstitutional following a change made by Congress back in 2017.   This is the third… Continue reading Supreme Court Refuses To Overturn ACA