Financial counseling fees paid for you by your employer are included in your
taxable income. But you may be able to deduct these expenses on Schedule A as a
miscellaneous itemized deduction.
Employer-Provided Vehicles
Personal use of an employer-provided vehicle is a taxable non-cash fringe
benefit. Your employer must determine the amount to be included in your income
as reported on your W-2. This would generally be the fair market value, which
would be the amount you would have to pay a third party to lease the same or a
similar vehicle on the same or comparable terms in the geographic area where
you use the vehicle.
If you use the vehicle for both personal and business use, you may be able
to take an itemized deduction for the business use of the vehicle.
Meals and Lodging
The value of meals and lodging provided to you and your family by your
employer are not included in your taxable income if:
The meals and lodging are
furnished on your employer’s business premises,
The meals and lodging are
furnished for the convenience of your employer, and
The lodging is a condition of
your employment.
This exclusion also applies to de minimis meals, or meal money that
has so little value that accounting for them would be unreasonable or impracticable.
This includes items such as coffee, doughnuts, soft drinks, occasional meals or
meal money for working overtime, and occasional company parties or picnics for
employees and their guests.
Company-provided eating facilities are also excluded from income if the
annual revenue of the facility equals or exceeds the direct cost of operating
the facility. Meals provided at a company facility for highly compensated
employees, that are not available to all employees or to a group of employees
that does not favor highly compensated employees, are not excludible.
Whether meals are provided for the convenience of the employer depends on
the circumstances. There must be a substantial business reason for providing
the meals. For this purpose, if more than half of the employees are provided
with meals for the convenience of the employer, it is considered that all
employees are provided meals for the employer’s convenience, and they are
excludible from the employees’ taxable income.