Fringe Elite Contact Number

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• 1. (800) 328-1519
• 2. (800) 662-6177
• 3. 803-756-4432

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• Frequently Asked Questions

• What is non taxable fringe benefit?

  Taxable Fringe Benefit Law and Legal Definition. A taxable fringe benefits are certain noncash fringe benefits received from an employer whose value are considered part of an employee’s compensation. An employer generally must withhold income tax on these benefits from an employees regular pay for the period the benefits are paid or considered paid.

• Are your fringe benefits taxable?

  Any fringe benefit provided to an employee is taxable income for that person unless the tax law specifically excludes it from taxation. Taxable fringe benefits must be included as income on the employee’s W-2 and are subject to withholding.

• Are fringe benefits deductible for the employer?

  All fringe benefits provided by an employer are technically considered taxable unless an exception is made. Fortunately, many forms of benefits are made at least partially deductible . Health insurance is a very common fringe benefit provided by employers .

• What is fringe benefit group insurance?

  Fringe Benefits Group is a provider of healthcare insurance coverage , but not in the way we would normally expect. Rather than offering insurance policies to any individuals or businesses who want them, Fringe Benefits Group specializes in a very specific type of employer.

• What is fringe benefit in economics?

  Economic Definition of fringe benefit. Defined. Term fringe benefit Definition: A nonwage benefit or payment to, on the behalf of, labor apart from a monetary wage payment. Common fringe benefits include health insurance, life insurance, retirement, unemployment benefits, payroll tax, vacation and sick leave, stock options, and travel.