Your CEO is worried about employee retention and recruitment and is considering offering some fringe benefits for that purpose. Outline 3 possible fringe benefits the company could add and what restrictions the company would have to follow for the employees to exclude that benefit from their compensation. The company currently does not offer any fringe benefits.

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter6: Business Expenses
Section: Chapter Questions
Problem 58P
Question

Your CEO is worried about employee retention and recruitment and is considering offering some fringe benefits for that purpose. Outline 3 possible fringe benefits the company could add and what restrictions the company would have to follow for the employees to exclude that benefit from their compensation. The company currently does not offer any fringe benefits.

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