What FRINGE BENEFITS means: Fringe benefits are benefits received by an employee in addition to salary. Examples include educational assistance, moving expense reimbursement, stock options, and dependent care assistance. Some fringe benefits (for example, accident and health benefits, and group-term life insurance (up to $50,000)) may be excluded from the employee's gross income and, therefore, are not subject to federal income tax.
- Definition First In, First Out (FIFO):
- Dictionary method for determining the cost of inventories. Under this method, the first items purchased are treated as being the first items sold. Ending inventory is valued using the cost of later purchases fringe benefits definition.
- Definition Flexible Spending Account:
- Dictionary A method of paying for benefits under a cafteria plan through salary reductions. Also see "Cafteria Plan." fringe benefits explain.
- Definition Full-Time Student:
- Dictionary full-time student if the dependent is enrolled in a school for the number of hours or courses considered by the school to be full-time during some part of at least 5 calendar months during the year fringe benefits what is.
- Definition Finance Charges:
- Dictionary Amounts paid for the privilege of making purchases on a deferred-payment basis fringe benefits meaning.
How works Fringe Benefits meaning in Tax definitions F .
