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Certain Fringe Benefits Provided by Not-For-Profits Are Taxable Income
Moss Adams LLP Link to more items from this source
Apr. 23, 2018
"As of January 1, 2018, the following fringe benefits are classified as UBI: [1] Qualified transportation benefits. These include commuter vehicle and van pooling as well as transit passes and vouchers for mass transit, such as buses and trains. [2] Qualified parking facility. This includes parking provided by an employer and parking reimbursements provided under a bona-fide reimbursement arrangement. [3] On-premises athletic facility.... Although organizations will now have to pay UBI taxes for these benefits, the benefits will continue to be tax free for employees -- but subject to monthly limits."

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