Thursday, July 13, 2006

Employer Cash Incentives for Hybrids Are Taxable

Employer Cash Incentives for Hybrids Are Taxable: "To encourage their employees to purchase environmentally friendly hybrid cars, several companies reportedly are offering rebates or cash incentives to their employees in select areas to offset the purchase price of these vehicles. Just like other forms of compensation, these cash incentives are taxable compensation."

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