II. Non-cash Valued at $100 or Less A gift, prize, or award may be considered a de minimis fringe benefit and not taxable compensation to the employee if: 1) it is a non-cash gift of property such as ...

If you’ve purchased something from Chinese e-commerce giants Shein, Temu or Alibaba, then you may have benefited from a trade loophole called the de minimis ... “One of the benefits of the ...

Many gifts, however, qualify as a “de minimis fringe benefit” and are excludable from employee income. The following is a summary of the de minimis fringe benefit rules and the types of gifts ...

“De minimis is the backbone of their business model.” Both platforms have announced that they’ll raise prices starting on April 25. “I’m hard pressed to see who actually benefits from ...

There are some fringe benefits stipulated by the IRS that are excluded from taxable imputed income. One of these include de minimis, or minimal benefits. These benefits are essentially so low or ...

Earlier this month, U.S. President Donald Trump signed an executive order to close the de minimis loophole (under which shipments valued at or below $800 avoid tariffs and taxes) for imports from ...

She regularly appears on CBS News 24/7 to discuss her reporting. The so-called de minimis package loophole had long allowed Chinese e-commerce firms to ship low-value goods to U.S.-based customers ...