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Department of the Treasury <br />Internal Revenue Service <br />Publication 15-8 <br />Cat. No. 29744N <br />Employer's <br />Tax Guide to <br />Fringe <br />Benefits <br />For use in 2®~8 <br />Contents <br />What's New ............................... 1 <br />Reminders ................................ 2 <br />Introduction .............................. 2 <br />1. Fringe Benefit Overview ................... 2 <br />Are Fringe Benefits Taxable? ............... 2 <br />Cafeteria Plans .......................... 2 <br />2. Fringe Benefit Exclusion Rules ............. 3 <br />Accident and Health Benefits ............... 6 <br />Achievement Awards ..................... 6 <br />Adoption Assistance ...................... 7 <br />Athletic Facilities ......................... 7 <br />De Minimis (Minimal) Benefits ............... 8 <br />Dependent Care Assistance ................ 8 <br />Educational Assistance ................... 9 <br />Employee Discounts ...................... 9 <br />Employee Stock Options .................. 10 <br />Group-Term Life Insurance Coverage ......... 10 <br />Health Savings Accounts .................. 12 <br />Lodging on Your Business Premises ......... 13 <br />Meals ................................. 14 <br />Moving Expense Reimbursements ........... 15 <br />No-Additional-Cost Services ................ 16 <br />Retirement Planning Services ............... 16 <br />Transportation (Commuting) Benefits ......... 17 <br />Tuition Reduction ........................ 18 <br />Working Condition Benefits ................. 18 <br />3. Fringe Benefit Valuation Rules ............. 19 <br />General Valuation Rule ................... 20 <br />Cents-Per-Mile Rule ...................... 20 <br />Commuting Rule ......................... 21 <br />Lease Value Rule ........................ 21 <br />Unsafe Conditions Commuting Rule .......... 23 <br />4. Rules for Withholding, Depositing, and <br />Reporting ............................. 24 <br />How To Get Tax Help ....................... 25 <br />Index .................................... 28 <br />What's New <br />Cents-per-mile rule. The standard mileage rate you can <br />use under the cents-per-mile rule to value the personal use <br />of a vehicle you provide to an employee in 2008 is 50.5 <br />cents per mile. See Cents-Per-Mile Rule in section 3. <br />Increase in qualified parking exclusion and commuter <br />transportation benefit. For 2008, the manthly exclusion <br />for qualified parking increases to 5220 and the monthly <br />exclusion for commuter highway vehicle transportation <br />and transit passes increases to 5115. See Qualified Trans- <br />portation Benefits on page t 7. <br />