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23WX-3514: Payroll Essentials: Fringe Benefits - Taxable or Not? (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Thursday, February 29, 2024
10:30am - 12:30pm Central Time
2 CPE (2 technical)

Alternate dates & more options

Fringe benefits are just another way of paying your employees. Do you know how to correctly track fringe benefits, as well as apply and report the various withholding tax rules for those fringe benefits? The IRS says fringe benefits must be included in and reported as a part of employee pay, but with any good tax law, there are always exclusions to that rule. Knowing how to handle fringe benefits can be complicated, especially in an area that changes on an annual basis. Attendees will leave with an understanding of what the requirements are around fringe benefits, what constitutes a fringe benefit, and whether it is taxable or not. We will also explore the evergreen areas of reporting S-Corp Shareholder Health, HSA, and when cash is not taxable compensation. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Major subjects

  • What is and what is not a fringe benefit
  • Payroll tax withholding rules on taxable fringe benefits
  • Payroll reporting on employee checks, payroll returns, and W-2s
  • What to watch for at year end and where to go to get resources

Learning objective(s)

  • Identify what constitutes a fringe benefit
  • Distinguish between taxable and non-taxable fringe benefits
  • Recall changes made by the TCJA to certain fringe benefit rules
  • Recognize what fringe benefits require reporting on year end W-2s

Who should take this program?

Appropriate for professionals at all organization levels, including seasoned professionals. This includes CPAs in public practice, as well as tax professionals working in industry, including those in Controller and CFO roles with limited exposure to payro

Fees

Our records indicate you are a nonmember. If you register, you will be charged $89.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $89.00
checkmark Standard Nonmember Fee $89.00

More program information

Instructor Elizabeth Bystrom, CPA
Location Online
Area
of study
Taxation
Field(s)
of study
Taxes - Technical (2.0)
Level Basic
Format Group Internet Based
Sponsor CPA Crossings, LLC
NASBA ID#: 108744
Prerequisites Prereq. None
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date. Learn more

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If you have questions about this event, please call us at 952-831-2707.