- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I saw that there is a $5250 limit for education assistance but I am thinking it may be related to college tuition. My client sometimes hires a presentation coach to train a few top level employees. Are those also subject to the $5250 limit per employee, and additional expense would be subject to fringe benefits?
Best Answer Click here
Accepted Solutions
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
There is no limit for training employees.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
There is no limit for training employees.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Thanks, I think what you said make sense. Do you have source for this? I am trying to look but could not find anything that would define "training (unlimited)" vs "education assistance (capped)".
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
"Do you have source for this? I am trying to look but could not find anything that would define "training (unlimited)" vs "education assistance (capped)". "
You're asking about Apples and Puppies.
Do I need to worry about a limit when I deduct the office electricity expense? What about if I reimburse an employee for mileage under An Accountable Plan?
Different types of expenditures, one of which has qualifications and limitations.
Paying a trainer is an operating expense.
Reimbursing an employee for their tuition, which they get at a qualified/certified/accredited institution (and not from the employer) is different. That's a Benefit.
Don't yell at us; we're volunteers