What is the difference between sick leave and vacation leave? Why not have a combined personal leave benefit?

January 29th, 2009 | by admin |
vacation
Gerhard E asked:


I am working for a small company that wants to begin to offer vacation and sick leave benefits. They plan to offer both as a “personal leave” policy that can be used either for sick leave or vacation. I do not understand how the IRS might treat them differently. It seems most companies do not have a combined personal leave benefit.

Shannon
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