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  1. What Are Fringe Benefits?

    The inner Income Service (IRS) defines fringe advantages as "a form of pay (together with property, companies, money or money equivalent) along with acknowledged play for the efficiency of providers" [supply: IRS]. Some fringe benefits, akin to well being care plans, aren't taxed, whereas others, reminiscent of subsidies to pay for the use of public transportation, are excludable up to a sure limit. Other fringe benefits may not be taxed on the time you obtain them, however they could ...