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Publication 15-B (2024), Employer's Tax Guide to Fringe Benefits https://www.irs.gov/publications/p15b https://www.irs.gov/publications/p15b The section on de
by shagie 2y ago
Publication 15-B (2024), Employer's Tax Guide to Fringe Benefits https://www.irs.gov/publications/p15b https://www.irs.gov/publications/p15b
The section on de minimis meals covers what is allowed. Buying toothpaste and groceries doesn't fall under that exclusion. Employees doing this were inadvertently causing Meta to commit tax fraud with unreported fringe benefits.