Steer clear of executive-perk tax traps — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

Steer clear of executive-perk tax traps

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A new IRS audit guide points out fringe-benefit issues that are ripe for abuse by execs, including club memberships, no-cost or low-cost loans and employer-paid vacations. The guide identifies which benefits are taxable (and to what extent) and what examiners should consider "suspicious" bookkeeping. Find the guide at (click on Corporate Executive Compliance).

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