Payroll Services Mailbag: Third-party payroll, taxable perks and more
Business Management Daily
NOVEMBER 20, 2019
Since this is a noncash perk, you’ll have to impute the amount into employees’ cash income, withhold on the total and subtract out the taxes withheld and the imputed income to arrive at their take-home pay. Answer: No, not for original W-2s or original W-2c forms.
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