Both the House and Senate versions of tax reform propose significant changes that may reduce or eliminate the tax benefits of many popular employer-provided fringe benefits, such as dependent care assistance programs, on-premises gyms and bicycle commuting expense reimbursements. In addition, many common deductions for work-related activities—including certain meal and entertainment expenses—may see sweeping changes.
Fringe Benefits: What the Proposed Tax Bills Mean to the Employer
By Anthony A. Bongiorno, McDermott Will & Emery and McDermott Will & Emery on November 21, 2017
Posted In Employee Benefits, Health and Welfare Plans