To which group of workers does the issue of working condition fringe benefits apply? Describe working condition fringe benefits
What will be an ideal response?
Answer: An employee benefits issue known as working condition fringe benefits applies to telecommuters. Employers are likely to provide telecommuters with the necessary equipment to perform their jobs effectively while off-site: computers, modems, printers, photocopy machines, sundry office supplies, and Telex machines. In addition, some employers provide similar equipment to employees who wish to work additional hours outside their regular work schedules during the evenings or weekends. This arrangement does not qualify as telecommuting.
The IRS treats the home use of office equipment and supplies as employees' taxable income when the use falls outside established telecommuting relationships; however, employees are not taxed when the home use of employer-provided equipment falls within established telecommuting relationships. Under this condition, the IRS treats the home use of employer-provided equipment as a working condition fringe benefit.
You might also like to view...
Find the standard normal area under the curve for each of the following
1) P(–1.22 < Z < 2.15) a) .8730 b) .8730 c) .0500 d) .9500 2) P(1.22 < Z < 2.00) a) .9255 b) .0725 c) .0885 d) .0918 3) P(-2.00 < Z < -1.00) a) .1559 b) .1359 c) .8739 d) .8839 4) P(Z > 1.96) a) .0250 b) .9750 c) .9500 d) .0500 5) P(Z < 2.00) a) .0500 b) .0250 c) .9950 d) .9773 6) P(Z > 2.00) a) .0250 b) .9750 c) .0228 d) .0500 7) P(Z < -1.20) a) .1151 b) .8849 c) .1050 d) .2050 8) P(Z < 0.00) a) .0000 b) .4022 c) .5000 d) .6122
________ are also known as "umbrella" brands
A) Sub-brands B) Distinct product brands C) Corporate parent brands D) Ingredient brands