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April 16, 2024
2024-0797

IRS clarifies tax treatment of employer provided work-life referral services

The IRS today released frequently asked questions (Fact Sheet 2024-13) regarding the tax treatment of work-life referral services provided by employers under a work-life referral program. The FAQs clarify that the value of these services, under certain circumstances, can be excluded from income and employment taxes as a de minimis fringe benefit. A Tax Alert is forthcoming.

Published by NTD’s Tax Technical Knowledge Services group; Chris DeZinno, legal editor

 

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