[OldMissileer]

so $20 /day x 5 days/ week x 50 wks/year = $10,000/ yr benefit, is going to net IRS $4-5000/ year according to this genius reporter. Under what rule could they tax the company anyway?

Gift tax at 50%?

[gusopol3]

My math was stupid anyway; at $100/ week, the most it’s worth to an employee is $5000/ year, so where the IRS is going to collect $5000 tax I don’t get.