Indicate whether the following items are a benefit to be taxed, non-taxable benefit or a...
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Accounting
Indicate whether the following items are a benefit to be taxed, non-taxable benefit or a section 8 deduction for the employee. A. Taxable benefit and included in employment income, B. Non-taxable benefit and not included in employment income, C. A section 8 deduction from employment income. I 1. Employer provides in-house recreational facilities available to employees. 2. Employee receives an allowance of $500/month to cover any potential expenses while traveling on company business (no receipts required). 3. Employee pays professional dues to his professional association. The employer does not reimburse the employee. 4. Employee receives a trip to Las Vegas as a reward for exceeding job expectations, 5. The employer provides rent-free housing for the employee. 5. The employer provides rent-free housing for the employee. I 6. Employee paid for lunch with clients within the municipality and the employer reimbursed the employee 100% 7. Employer pays all the insurance premiums for group sickness or accident plans for the employee 8. The employer does not reimburse the commissioned sales person for advertising and promotion expenses. 9. Employee received an award for 8 years of service. This was the first service award the individual ever received, and he was disappointed that it was tickets to the Calgary Philharmonic Orchestra valued at $450


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