CoAdvantage | March 13, 2016
2016 ushers in a few changes to the tax laws that govern benefits, as the IRS recently laid out in its annual "Tax Guide to Fringe Benefits." The document features important clarifications, not just identifying which benefits are and aren't tax-exempt to employees, but also the fine points of tests that tax-exempt benefits must satisfy to maintain that status. The deduction for the business use of a personal vehicle dipped from 57.5 cents per mile last year, to 54 cents per mile cu...
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