QuestionJuly 17, 2025

The special period rule allows employers to use square x as the cutoff date for valuing noncash fringe benefits. Feedback Check My Work Incorrect

The special period rule allows employers to use square x as the cutoff date for valuing noncash fringe benefits. Feedback Check My Work Incorrect
The special period rule allows employers to use square  x as the cutoff date for valuing noncash fringe benefits.
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December 31 Explanation The special period rule allows employers to use a specific date, often the last day of the tax year or another designated cutoff, for valuing noncash fringe benefits. This helps in simplifying the valuation process for reporting purposes.

Explanation

The special period rule allows employers to use a specific date, often the last day of the tax year or another designated cutoff, for valuing noncash fringe benefits. This helps in simplifying the valuation process for reporting purposes.
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