Transportation fringe benefit rules eased

Article Abstract:

The relaxation of regulations governing transportation fringe benefits offers some relief to employers that provide automobiles, fuel, transit passes and other such benefits to their employees. The IRS has simplified the rules covering the valuation of employer-provided vehicles and fuel for employees' personal use in the newly issued Proposed Regulations (EE-101-91). Such transportation benefits given in calendar years that start after 1992 will be subject to these Regulations. In addition to the easing of IRS rules, the Comprehensive National Energy Policy Act of 1992 has recently been enacted. The Act has raised the limit of the amount of employer-provided transportation fringe benefits that employees may excluded from their gross income from $21 to $60 every month.

Laws, regulations and rules, Transportation, Workers

---

Small businesses have SIMPLE retirement plan option

Article Abstract:

The author discusses the requirements and relative benefits of SIMPLE (savings incentive match plan for employees) retirement plans which became available to small businesses by provisions of the Small Business Job Protection Act of 1996.

United States, Pension, health, and welfare funds, Pension Funds & Benefit Plans, Pension Funds, Employee Benefits & Services, Planning, Compensation and benefits, Small business, Human resource management, Retirement benefits

---

Similar abstracts:

• Abstracts: Who should be the beneficiary of your qualified retirement plan benefits? Retirement plan reform: the aftermath of the Small Business Job Protection Act of 1996
• Abstracts: Globalization presents new opportunities for business-to-business marketers
• Abstracts: Marketing solutions for new age banking. Corporate risk management
• Abstracts: Market orientation, service quality and business profitability: a conceptual model and empirical evidence
• Abstracts: Spin-off tax status reappraised. Frozen funds in the frozen tundra. Tax backlash in Russia

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.