IRS Looking to Tax Free Lunches Offered at Tech Firms

tax free lunches

Federal tax officials may bring more reality to the old adage “There’s no such thing as a free lunch.”

According to reports from the California Bay Area and Silicon Valley, the Internal Revenue Service is considering whether to tax free lunches and other perks routinely offered to employees at tech companies.

Silicon Valley Mercury News reported recently that employees at companies like Facebook and Google may have to pay taxes on free meals.  It’s a fringe benefit that their employers Read More

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