Tax Reform Imposes Penalty Tax on Transportation Fringe Benefits
The recent tax reform destroyed what was a win-win tax benefit for both the employer and the employee. BASC Expertise your Gilbert tax specialist can guide you through the changes. Transportation fringe benefits came into being in 1992 under the Energy Policy of 1992 (Pub. Law. 102-486). One difficulty was that the benefits expired often […]
Tax Reform Imposes Penalty Tax on Transportation Fringe Benefits Read More »