Discussion:Salon employee fringe benefit???

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Revision as of 12:49, 8 May 2007
Kevinh5 (Talk | contribs)
(de minimus fring)
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Current revision
MsTwizz (Talk | contribs)
(very good! Than)
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{{ForumReplyPost|UserID=Kevinh5|Date=8 May 2007|Text=de minimus fringe or no additional cost fringe, either way tax free}} {{ForumReplyPost|UserID=Kevinh5|Date=8 May 2007|Text=de minimus fringe or no additional cost fringe, either way tax free}}
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 +{{ForumReplyPost|UserID=MsTwizz|Date=9 May 2007|Text=very good! Thanks!}}

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Discussion Forum Index --> Accounting Questions --> Salon employee fringe benefit???

MsTwizz (talk|edits) said:

8 May 2007
One of my clients is a beauty salon owner. She gives her employees free services for themselves and their family members. I am trying to figure out how she should book these transactions.

For her employees, is this free service considered a fringe benefit and should be taxable income? what about the family members? Her salon performed a service but did not get revenue for it.

any thoughts would be appreciated.... Thanks,

Kevinh5 (talk|edits) said:

8 May 2007
de minimus fringe or no additional cost fringe, either way tax free

MsTwizz (talk|edits) said:

9 May 2007
very good! Thanks!