Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. A fringe benefit is any non-wage form of ...

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The IRS Publication 15-B defines a fringe benefit as "a form of pay for the performance of services." Fringe benefits are commonly regarded as extra benefits outside of a company's standard health ...

When a regular payroll expense occurs, the charge to the salary account will trigger the fringe rate to be applied and charged to the correct fringe benefit account. When a PET occurs, the charge to ...