ACCT 201 Lecture Notes - Lecture 6: Kid, European Cooperation In Science And Technology, Variable Cost
28 Oct 2017
School
Department
Course
Professor
Document Summary
Slide 29 beginning: employer can contribute to hsa up to 3,350 yearly for self-coverage (3350/12 per month) or 6750 yearly for family coverage (6750/12 monthly) for it to not be. Other fringe benefits: dependent care, up to ,000 of care costs paid for by employer can be excluded per kid per. Year: athletic facilities, value of use of athletic facilities located on employer premises can be excluded, educational assistance programs, employer-provided educational assistance for undergraduate and graduate education is excludible, exclusion limited to ,250 per year. Cafeteria plans: allow employees to choose between cash and certain nontaxable benefits, if cash is chosen, the amount received is taxable, if a nontaxable benefit is chosen, the benefit remains nontaxable. Flexible spending plans: use it or lose it plan. Working condition fringes i. e. an tax employer paying for your cpa licensing fee each year is nonincludible in your income.
