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The Perfection Tax Service gives employees $10 as supper money when they are required to work overtime, approximately 20 days each year. The supper money
The Perfection Tax Service gives employees $10 as supper money when they are required to work overtime, approximately 20 days each year. The supper money received:
A. May be excluded from the employees gross income as a de minimis fringe benefit.
B. May be excluded from the employees gross income as a no-additional-cost fringe benefit.
C. Must be included in the employees gross income if the employee does not spend it for supper.
D. Must be included in the employees gross income.
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