Benefits

Generally, the tax exclusion applies to reimbursements covering costs that would have been deductible as job-related moving expenses paid or incurred by employees on their personal tax returns. And those requirements are somewhat convoluted.

For employees who live a fair distance from work, commuting can be costly and time-consuming, not to mention a hassle. At least employers may provide some relief by offering certain tax-free transportation benefits. The three main benefits are ...

Despite the 401(k)’s importance, the average participant’s only investment strategy is to plow money into the accounts – then do nothing. They rarely if ever make changes to the investment selections their plans offer.

A provision for retirement planning services was added to the tax code back in 2001. As long as certain requirements are met, these benefits of such a program, which are usually reasonable in cost, are tax-free to employees and deductible by the ...

The ACA has significantly changed the health insurance industry and yet, popularity of the law is still split. According to a recent Kaiser Family Foundation tracking poll, 43 percent approve of the law while 41 percent oppose it.

Almost every sport uses a defined boundary. The playing area, whether it is a football field, basketball court, or baseball diamond, is clearly defined and understood by all athletes who play the game. It is pretty easy to ascertain whether you are ...

Generally, the IRS says that the value of lodging furnished to an employee may be excluded from taxable wages only if it meets the following three conditions. (Different tests may apply to lodging furnished by educational institutions.)

Life insurance is essential for many families, but employees often find it difficult to set aside funds for this purpose, especially in peak spending years when they are raising their kids. Fortunately, an employer may provide some relief by providing ...