Meals may be excluded from an employee's gross income provided they are furnished on the employer's business premises and are for the convenience of the employer.

Name: Meals may be excluded from an employee's gross income provided they are furnished on the employer's business premises and are for the convenience of the employer.
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Question

Quizplus · Accepted Answer

This is a correct statement according to IRS regulations regarding the exclusion of meals from an employee's gross income.

Meals May Be Excluded from an Employee's Gross Income Provided