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Payroll Accounting Chapters 4-6 Bieg and Toland
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---6juli 20242023/2024A+
- Payroll Accounting Chapters 4-6 Bieg and Toland 
How is the amount of a fringe benefit that is taxable to an employee determined? - It is the amount by which the fair market value of the fringe benefit exceeds what the employee paid, plus any amount the law excludes. 
 
The personal allowance amount is deducted from the employee's income in computing taxable income. In 2014, the amount of a personal allowance was - $3,950 
 
In which of these situations are employer contributions into employees...
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