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Discussion 14 Discussion Prompt: Whats Fair and Whats Taxable? Fringe benefits like health insurance, gift cards, holiday parties, and even gym memberships can all have different tax treatments depending on how theyre structured. While some are fully tax-free, others (even small perks) may be subject to taxationespecially when they involve cash or cash equivalents. Prompt: Think about a benefit you’ve received in a job (or one youve heard about) that felt like a nice perk. Based on what youve learned, do you think it would be considered a taxable or nontaxable fringe benefit under IRS rules? Explain why, and identify what category (e.g., de minimis, working condition, qualified discount) it would fall into. Reply Requirements: Your original post should be at least 5 sentences long and apply at least one of the categories discussed in the reading or lecture. Respond to at least one classmate with a thoughtful comment (minimum 3 sentences) that builds on their example or offers another perspective. Make sure to use respectful, professional language. Bonus Thought: Do you think the IRS rules on fringe benefits are fair or confusing? Should small perks (like a $10 gift card) really be taxed?