{"id":192,"date":"2015-12-08T14:58:45","date_gmt":"2015-12-08T14:58:45","guid":{"rendered":"http:\/\/belbolcpa.com\/blog\/?p=192"},"modified":"2015-12-08T14:58:45","modified_gmt":"2015-12-08T14:58:45","slug":"taxable-or-non-taxable","status":"publish","type":"post","link":"https:\/\/belbolcpa.com\/blog\/taxable-or-non-taxable\/","title":{"rendered":"Taxable or Non-Taxable?"},"content":{"rendered":"<p><a href=\"https:\/\/belbolcpa.com\/blog\/wp-content\/uploads\/2015\/12\/12-08-15-splatter-question-1171359-639x778.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-194\" src=\"https:\/\/belbolcpa.com\/blog\/wp-content\/uploads\/2015\/12\/12-08-15-splatter-question-1171359-639x778-246x300.jpg\" alt=\"12-08-15 splatter-question-1171359-639x778\" width=\"246\" height=\"300\" srcset=\"https:\/\/belbolcpa.com\/blog\/wp-content\/uploads\/2015\/12\/12-08-15-splatter-question-1171359-639x778-246x300.jpg 246w, https:\/\/belbolcpa.com\/blog\/wp-content\/uploads\/2015\/12\/12-08-15-splatter-question-1171359-639x778.jpg 639w\" sizes=\"auto, (max-width: 246px) 100vw, 246px\" \/><\/a><\/p>\n<p>Which items do you think are taxable and which are not? The answers are below.<\/p>\n<ol>\n<li>Workers compensation<\/li>\n<li>Educational assistance<\/li>\n<li>Cancelled debt<\/li>\n<li>Expense reimbursements<\/li>\n<li>Fringe benefits<\/li>\n<li>Bartering<\/li>\n<li>Hosting a party and receiving payment (such as a candle party)<\/li>\n<li>Life insurance proceeds<\/li>\n<li>Unemployment benefits<\/li>\n<li>Federal income tax refund<\/li>\n<\/ol>\n<p>Taxable: cancelled debt (there are exceptions), fringe benefits, bartering, hosting a party, and unemployment benefits<\/p>\n<p>Non-taxable: Workers compensation, education assistance of $5,250, expense reimbursements, life insurance proceeds, and federal income tax refund<\/p>\n<p>There are always exceptions and the rules are constantly changing. If you ever have a question about the taxability of an item, do not hesitate to contact our office.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Which items do you think are taxable and which are not? The answers are below. Workers compensation Educational assistance Cancelled debt Expense reimbursements Fringe benefits Bartering Hosting a party and receiving payment (such as a candle party) Life insurance proceeds Unemployment benefits Federal income tax refund Taxable: cancelled debt (there are exceptions), fringe benefits, bartering, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[3,90,6,7,8,74,9,15,18],"tags":[120,119],"class_list":{"0":"post-192","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business","7":"category-debt","8":"category-estate-planning","9":"category-expenses","10":"category-financial","11":"category-healthcare","12":"category-insurance","13":"category-new-jersey-tax","14":"category-taxes","15":"tag-non-taxable","16":"tag-taxable","17":"entry"},"_links":{"self":[{"href":"https:\/\/belbolcpa.com\/blog\/wp-json\/wp\/v2\/posts\/192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/belbolcpa.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/belbolcpa.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/belbolcpa.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/belbolcpa.com\/blog\/wp-json\/wp\/v2\/comments?post=192"}],"version-history":[{"count":2,"href":"https:\/\/belbolcpa.com\/blog\/wp-json\/wp\/v2\/posts\/192\/revisions"}],"predecessor-version":[{"id":195,"href":"https:\/\/belbolcpa.com\/blog\/wp-json\/wp\/v2\/posts\/192\/revisions\/195"}],"wp:attachment":[{"href":"https:\/\/belbolcpa.com\/blog\/wp-json\/wp\/v2\/media?parent=192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/belbolcpa.com\/blog\/wp-json\/wp\/v2\/categories?post=192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/belbolcpa.com\/blog\/wp-json\/wp\/v2\/tags?post=192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}