Several IRS Tax Court Rulings Dentists Should be Aware of… (if for no other reason than to dispel the myth that the IRS is humorless).

A Bike Sharing Program Isn’t Mass Transit Employee Benefits—Bike Sharing: Expenses an employee incurs by participating in a “bike share program” do not qualify for the favorable tax treatment provided for qualified transportation fringe benefits. According to IRC Sec. 132(a)(5), employers that provide their employees with transportation benefits can exclude those benefits from employees’ gross…Read More→

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