Article Date:
July 2017


Word Count:
856

 

 

Flowers, Fruit, Books: Tax-Free Fringe Benefits You Have to Like


Your work was outstanding! Give yourself a fruit basket.

 

Whoa. I’m the business owner; are you telling me that I can have my business give me a fruit basket (tax-free) and deduct the cost of the fruit basket as a business expense?

 

Yes, that’s exactly what we are telling you.

 

In this article, we explain the rules of the road for flowers, fruit, books, and similar property including

 

·

how many times a year you can provide this tax-free fringe benefit to yourself and/or your employees, and

·

how much you can spend on these fringe benefits. ... Log in to view full article.

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