Articles & Alerts

2024 Fringe Benefits That May Affect Your Payroll Reporting and Tax Withholding

December 1, 2024

To Our Business Clients:

Attached for your convenience is a summary of the tax treatment of certain fringe benefits for payroll tax and income tax reporting purposes, plus detailed information regarding company automobiles and health and accident insurance premiums for S corporations.

If any of these items apply to your company, please provide a copy to the person responsible for overseeing your payroll tax operations. Please don’t hesitate to call us if you have any questions.

2024 Fringe Benefits

See 2023’s Fringe Benefit information for reference


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