Comments on: All Income is Taxable Unless…….. http://taxadvisoronline.wordpress.com/2007/11/01/all-income-is-taxable-unless/ "Your Trusted Business Advisor Online" Thu, 18 Dec 2008 22:25:29 +0000 http://wordpress.com/ hourly 1 By: John Walker http://taxadvisoronline.wordpress.com/2007/11/01/all-income-is-taxable-unless/#comment-62 John Walker Thu, 18 Dec 2008 22:25:29 +0000 http://taxadvisoronline.wordpress.com/2007/11/01/all-income-is-taxable-unless/#comment-62 Is there a cap on the taxable life insurance benefit received from your employer paying the premium? IE, we pay for nearly $1,200,000 in life ins. for our GM. In the benefit calculation formula that IRS provides - is $1,200,000 the starting figure or is there a cap of 500,000 as some have suggested? Is there a cap on the taxable life insurance benefit received from your employer paying the premium? IE, we pay for nearly $1,200,000 in life ins. for our GM. In the benefit calculation formula that IRS provides – is $1,200,000 the starting figure or is there a cap of 500,000 as some have suggested?

]]> By: Pronged http://taxadvisoronline.wordpress.com/2007/11/01/all-income-is-taxable-unless/#comment-53 Pronged Thu, 19 Jun 2008 01:01:45 +0000 http://taxadvisoronline.wordpress.com/2007/11/01/all-income-is-taxable-unless/#comment-53 Somehow i missed the point. Probably lost in translation :) Anyway ... nice blog to visit. cheers, Pronged. Somehow i missed the point. Probably lost in translation :) Anyway … nice blog to visit.

cheers, Pronged.

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