Most of us know that providing employees with Group Term Life insurance is fairly inexpensive when compared to many of the other benefits employers provide. And this can be an invaluable benefit to the spouse or surviving children of a deceased employee. However, for a fairly inexpensive and straight forward benefit, there may be some complicated reporting required. In this BeneFocus video, Jon and Michelle Braddock will discuss Section 79 of the Internal Revenue Code, which discusses the rules pertaining to Imputed Income and WHERE and HOW that needs to be applied.
Posted on: Thu, 05 Jun 2014 13:00:18 +0000
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