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Education Fringe Benefits Get an A+
If some of your employees are looking to go back to school, or to enroll in college courses for the first time, you might decide to lend a helping hand. An employer can set up a program that effectively pays for all or most of the costs on a ...
Dependent Care Assistance Plans: A Fringe Benefit With Tax Benefits
To help ease the burden of hard-working parents, employers may institute a dependent care assistance plan for employees. Under such a plan, payments made to third parties like babysitters and day care centers are excluded from income if the costs ...
How to Lower the Cost of Surety Bonds
Personal credit score says a lot to a surety about how you manage your finances and how reliable and financially stable you are. A surety will strongly base their decision about what rate to offer you on this information. To improve your credit score, ...
2016 Fringe Benefits Tax Series #16: Moving Expense Reimbursements
Generally, the tax exclusion applies to reimbursements covering costs that would have been deductible as job-related moving expenses paid or incurred by employees on their personal tax returns. And those requirements are somewhat convoluted.
2016 Fringe Benefits Tax Series #15: Tax-Free Commuting Expenses
For employees who live a fair distance from work, commuting can be costly and time-consuming, not to mention a hassle. At least employers may provide some relief by offering certain tax-free transportation benefits. The three main benefits are ...
3 Tips To Better Manage Your 401(k)
Despite the 401(k)’s importance, the average participant’s only investment strategy is to plow money into the accounts – then do nothing. They rarely if ever make changes to the investment selections their plans offer.
2016 Fringe Benefits Tax Series #14: Retirement Planning Services
A provision for retirement planning services was added to the tax code back in 2001. As long as certain requirements are met, these benefits of such a program, which are usually reasonable in cost, are tax-free to employees and deductible by the ...
ACA Update: ObamaCare Issues to Watch in 2016
The ACA has significantly changed the health insurance industry and yet, popularity of the law is still split. According to a recent Kaiser Family Foundation tracking poll, 43 percent approve of the law while 41 percent oppose it.