News & Articles

Save Taxes with Employer-Provided Transportation Fringe Benefits

Posted on Wed, Jul 06, 2016

The Internal Revenue Code allows some worthwhile tax breaks for transportation-related employee fringe benefits. They're intended to persuade you to give up your gas-guzzling vehicle when commuting to work and instead "go green." If your employer offers these tax-favored benefits, you should consider signing up. Here are the specifics.

Read More

Tags: Employer-provided, Tax-free Income, fringe benefit, Salary

The Latest News on the Personal Use of Company Cars

Posted on Thu, Jan 29, 2015
The free use of a company car is one of the best perks an employee may be entitled to as part of a compensation package. But the benefit to the employee isn't completely "Free" under current tax law. Essentailly, personal use of a company car is treated as a taxable fringe benefit, subject to income tax withholding obligations by the employer. This process is often complicated by the complexity of the related tax rules.

Basics about Company-Provided Cars

Read More

Tags: EHTC Article, Employer-provided, Auto Use, Vehicle, Articles