Gross income is income from whatever source derived (IRC section 61) Fringe benefits or perks provided to employees are included in income as wages unless.
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1 For Producer Use Only. Not for Use with the Public. Insurance Planning in the New Economy American Taxpayer Relief Act of 2012...and the Opportunities!
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Section 401(k) Chapter 20 Employee Benefit & Retirement Planning Copyright 2009, The National Underwriter Company1 What is it? qualified profit sharing.