Maximizing Wealth: How Receiving Stipends as a Fringe Benefit Can Boost Your Income and Lower Your Taxes
Fringe benefits are a crucial part of an employee’s overall compensation package, often extending beyond the standard salary to provide additional incentives such as health insurance, retirement plans, and stipends. While many employees understand the value of traditional fringe benefits, stipends—typically seen as financial allowances provided to cover specific expenses—are often underappreciated. However, stipends can […]