mputed Income: What It Is and How It Is Calculated Whether you are a business owner with employees or an employee working for an enterprise, understanding imputed income is essential for tax accuracy. As an employer, you are responsible for filing your tax reports and managing payroll for your workers. Also, employees get fringe benefits for which the IRS places taxes even though they(employees) do not pay for them(fringe benefits). https://www.thebestpaystubs.com/blog/imputed-income-what-it-is-and-how-it-is-calculated/ #thebestpaystubs #imputedincome #finance #business