Here's part of a benefits package of some lucky California state workers get:
some state park rangers pay $148 a month to live in newly restored, million dollar, three-bedroom cottages right on the Pacific Ocean in Orange County.
All this might not be so clean:
IRS rules state that unless the employee must stay in the house as a condition of employment (for instance, a lighthouse keeper), they may have to pay income tax on the value of the subsidy. Currently, fewer than 300 employees have their housing allowance subsidy reported to the IRS as taxable income. This leaves about 1,500 state workers potentially at risk in a tax audit. Many of these employees enjoy a tax-free housing benefit worth more than $30,000 a year. This is a great perk, until the tax man comes calling.
Human Events
