Do you often find yourself burning the midnight oil at the office? It takes long hours and hard work to make a business a success.

Strategy: Salvage some tax fruits from your labor. At least you, or perhaps other employees, may be in line for a few tax-free fringe benefits as a result of working late. Although every situation is different, here are three common options.

1. Free parking: You may pay to park your car in a lot or garage. For 2024, your company can provide a tax-free monthly parking allowance of up to $315 to employees. If you exceed the monthly allowance due to the late hours, the company can reimburse you tax-free as a “working condition” fringe benefit, as long as the parking is for safety reasons.

2. Cab fare: Similarly, you may need to take a cab ride home late at night instead of using public transportation. If your company reimburses you for the fare, the reimbursement is typically tax-free, as long as you don’t make it a regular habit. But if you’re taking a cab home due to safety concerns or because your employer requested that you work late, the IRS says that the reimbursement is tax-free to the extent it exceeds $1.50 for a one-way trip. Presumably, this also applies to fares paid to Uber, Lyft or some other car service.

3. Supper money: Say that you’re working late to fine-tune a proposal, so you order in from a local restaurant. The full cost of the meal, including any delivery charge and tip, is tax-free if you chow down only occasionally.

Tip: The tax law allows these tax-free benefits even if you own the business.