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    #1

    Education Assistance Program

    I have a client that wants to pay tuition for one of his employees. I am assuming employer has to set up some program that is offered to all employees. I know there is a limit before it becomes taxable to employee, but not sure where to find additional info. Does anyone know where I can go to find out how this program needs to be set up?
    Thanks,
    Nancy
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    #2
    Education Assistance Program

    TTB - P. 13-28, column 2.

    Maximum $ 5,250 per year.
    Uncle Sam, CPA, EA. ARA, NTPI Fellow

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      #3
      You could start with Page 13-28 of the Tax Book or SB7-6 of the Small Business Edition. Both explain IRC Sec 127.
      "The only function of economic forecasting is to make astrology look respectful" - John Kenneth Galbraith

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