• Ep 87 ~ Employee Family Members & Benevolence

  • Nov 19 2024
  • Length: 12 mins
  • Podcast

Ep 87 ~ Employee Family Members & Benevolence

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  • Summary

  • Benevolence given to immediate family members of employees is generally treated as taxable income to the employee. This is because the benefit is considered to be provided in connection with the employee's performance of services.

    https://www.law.cornell.edu/uscode/text/26/102

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    Disclaimer: The information provided in the Church Finance and Minister Tax podcast is for general informational purposes only and is not intended as legal advice. The content discussed is based on personal opinions, experiences, and research performed and should not be considered a substitute for professional legal advice. Always consult with a qualified attorney or legal expert for advice regarding your specific situation. The host and guests of this podcast are not responsible for any actions taken based on the information provided.

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