Underwriting employees’ educational expenses tax-free
BMT Office Administration
NOVEMBER 4, 2022
For example, you couldn’t pick up an entry-level customer service employee’s undergraduate expenses tax-free because, in all likelihood, they’ll qualify for a new trade or business after graduation. For example, computer techs could go to school to learn a new software program. A $9,500 gross-up will cost the company $13,503.91.
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