Tax Hive Blog

Enjoy these timely and informative articles that can help you make informed decisions about your business.

Fringe Benefit Overview from the IRS

Fringe Benefit Overview from the IRS

The IRS considers fringe benefits to be a form of pay (not money) for the performance of services. An example could be allowing an employee to use a company vehicle ... READ ARTICLE
IRS Calculation for Fringe Benefit Valuation Rules

IRS Calculation for Fringe Benefit Valuation Rules

The list of fringe benefits the IRS will allow you to exclude their value from employee compensation is a long one. However, there are many cases where a fringe benefit ... READ ARTICLE
Rules for Reporting and Withholding for Fringe Benefits

Rules for Reporting and Withholding for Fringe Benefits

Withholding, depositing, and reporting of the value of fringe benefits carry a set of rules that are different due to the nature of fringe benefits and how they are valued ... READ ARTICLE
Fringe Benefit Exclusion Rules Per the IRS

Fringe Benefit Exclusion Rules Per the IRS

Many of the fringe benefits provided by employers to employees are considered by the IRS as a part of the pay of the employee. They are subject to federal income ... READ ARTICLE
The Self-Directed IRA for the Real Estate Investor

The Self-Directed IRA for the Real Estate Investor

Other articles on this site explain the basics of the self-directed IRA for more diversified asset options. Real estate investors, particularly those who want to hold rental property, find the ... READ ARTICLE
The Self-Directed 401(k) and IRA Explained

The Self-Directed 401(k) and IRA Explained

The employer sponsored 401(k) and the IRA, Individual Retirement Account are immensely popular tax-advantaged retirement accounts in the U.S. The standard versions of these accounts allow the investor limited choices ... READ ARTICLE
Basics of the HSA, Health Savings Account

Basics of the HSA, Health Savings Account

An HSA, Health Savings Account, is an account owned by a qualified individual that can be an employee or former employee of a business. Contributions by the owner of the ... READ ARTICLE
9 Steps to a Financial Meltdown

9 Steps to a Financial Meltdown

Most readers on this site are entrepreneurs or business owners. For those just starting out, or for those who would like to help their employees to take steps to secure ... READ ARTICLE
Supreme Court Issues 8–0 Warning to Employers

Supreme Court Issues 8–0 Warning to Employers

Retirement plans for employees are a tool for acquisition and retention of employees in many small businesses. The Supreme Court of the U.S. just ruled 8 – 0 in favor ... READ ARTICLE

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