"Issue Indicators and Audit Tips: [1] Determine whether the taxpayer provides employer-provided parking for any of their employees. [2] Request a list of employees entitled to receive employer-provided parking. [3] Determine if the employer includes any portion of the benefit in employees' wages. [4] Request the method used to determine the value of the parking benefit. [5] If the value was not determined by Treas. Reg. 1.61-21(b)(2), you may need to conduct a survey of nearby parking facilities to determine the FMV."  MORE >>