IRS Link to Publication — Found Here
IRS Publication 15-b outlines the different types of fringe benefits available to employees and describes which ones are taxable to the employee and which ones are not.
Fringe benefits might include anything from the use of a company car to an employee life insurance policy paid for by the employer. Fringe benefits may be provided to regular employees or independent contractors (1099 employees). Some examples of fringe benefits include tuition reduction, group disability and cafeteria plans, and childcare benefits.
Publication 15-b lists all of the possible fringe benefits which can be excluded from an employee’s income. It also lists some which cannot be considered for exclusion. It defines employees for the purpose of such benefits, as well as the restrictions for highly compensated employees.
Human Resources (HR) personnel should become familiar with this document.