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What Are Fringe Benefits and Are They Taxable?

HR Digest

Employee Stock Options (ESO) are an increasingly common way for publicly traded companies to compensate their employees. Others might be determined by the length of the employee’s association with the company. Not only does it hold economic value but it also creates a sense of ownership within the workspace.

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What Are fringe benefits? Options, taxability, and other considerations.

Business Management Daily

Taxable examples of fringe benefits might include: Gym memberships Moving stipends beyond the actual moving cost Personal use of a company car Frequent flyer miles when converted to cash Certain life insurance payments Information like this can come as a shock.

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Understanding Taxable Benefits In A Quick and Easy Way

Vantage Circle

Group life insurance premiums provided to employees over $50,000. Educational assistance. Employee discounts. Employee stock options. Group-term life insurance coverage. Which Benefits Are Considered Taxable? Here are some of the common examples of taxable benefits. Paid vacation.

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7 Noteworthy Fringe Benefits for your Workforce in 2020

Vantage Circle

Therefore, including the same in your employees’ benefits plan would be a sure win-win case for both you and your employees. As well as, you can also count it as a gift back to your hard-working employees for their years of service to the organization. Corporate Education Assistance. Employee Stock Options.