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Payroll's Guide to Fringe Benefits: How to Comply & Avoid Fines

Summary

Live Webinar Recording

Recording Price: $199.00

(Includes Proprietary Materials)

Fringe benefits have long been one of payroll's biggest headaches. Properly identifying, calculating, taxing, and reporting these benefits is an essential, but confusing, process for any company to tackle. To minimize confusion and ensure that your company remains compliant with the latest IRS reporting guidelines, join us for this live, 60 minute webinar to discover:

  • Taxation & reporting requirements for commonly provided fringe benefits
  • Auditing fringe benefits: Keys to pre-empt any outside review
  • Which benefits are taxable, which are excludable and how to report them
  • Identifying de minimis: What falls under that category & how to comply

Program Highlights

  • Best Strategies to Comply with the Latest Fringe Benefits Requirements

    • Determining which benefits are taxable - and which are not
    • How to handle non-cash benefits: Gift cards, awards, & more
    • What's new in 2016: Changes to qualified transportation benefits
  • Navigate the Complicated IRS Rules for Common Fringe Benefits

    • De Minimis benefits: How to define what falls under this category
    • Tax issues: Cafeteria plans, 3rd party sick pay, & FSA regulations
    • Keys to properly tax education and insurance benefits
  • Fringe Benefits Checklist: Ways to Determine What Benefits You Can Offer

    • Analyzing travel for tax purposes: Housing, transportation & more
    • Reimbursement plans: Pitfalls to avoid when offering these benefits
    • Determining when to withhold & when to report: Rules to follow
  • Live Question & Answer Session - Have your questions answered by the expert!

About The Speaker

Stefan Smith has extensive experience in employee benefits and executive compensation law.

  • He works with both public and private entities to establish and ensure the continued compliance of tax-qualified defined contribution and defined benefit retirement plans, including 401(k)/profit sharing plans, traditional defined benefit plans, money purchase plans, employee stock ownership plans, and cash balance plans.

Program Benefits

Join us for this 60-minute webinar to discover how payroll can avoid audits and fines by maintaining compliance with fringe benefit taxation and reporting.


Prerequisites

  • None

Delivery Method

  • Group Internet Based

NASBA Field Of Study

  • Accounting - Finance

Program Level

  • Basic Knowledge Required