Which of the following is true about the employee tax treatment of employer-provided snacks and meals?

Question

Quizplus · Accepted Answer

Occasional snacks and meals provided by the employer are not taxable and are considered a de minimis fringe benefit. This means if the meals and snacks are infrequent and have a low value, they will not be considered taxable income for the employees. However, if they are provided on a regular basis, then they are considered a taxable fringe benefit. Holiday parties and meals provided at special events may or may not be taxable, depending on how frequently they occur and their value.

Which of the Following Is True About the Employee Tax