Benefits & Executive Comp

New Year, New You—And New Tax Treatment of Fringe Benefits

Dec. 24, 2018, 5:37 PM

The end of a year typically brings a cheery holiday season, emptier offices, and new goals, like getting fit and fab in the new year.

But the 2017 tax law altered certain fringe benefits for workers looking to achieve their goals with the help of their employers, potentially changing how those benefits add up. Here’s how tax can factor into New Year’s resolutions.

No Breaks for Biking

Hoping to buy a new bike and cycle your way to a healthier you? Companies once could reimburse up to $20 per month tax-free to employees who commuted to work on...

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