There are lots of ways to reward workers other than wages. Smart businesses understand the two-way importance of helping employees out with things like education, commute help, health and wellness, etc. The IRS also recognizes the economically stabilizing results of fringe benefits. They have categorized the many different types of benefits, and set limits on which the value does not have to be taxed to the worker.
However, limitations exist on types and amounts of fringe benefits that are non-taxable to the worker. Making mistakes can result in audits, inquiries or assessments for unpaid taxes.
Why You Should Attend:
Session Highlights/Course Objectives:
- Definition of Fringe Benefits, and how to distinguish them from expense reimbursements. The OBBB’s new and extended benefits to employees.
- What is new for 2026, including milage rates, commute benefits, parking and more?
- What is excludable from taxes and what you must withhold and pay payroll taxes on?
- Types:
- Adoption Assistance
- Athletic Facilities
- De Minimus
- Dependent Care Assistance
- Educational Assistance
- Employee Discounts
- GTL Insurance
- Lodging
- Meals
- Moving Expense
- No Additional Cost Services
- Transportation
- Working Condition Fringe
- Moving Expenses
- Awards and Prizes
- Cafeteria Plans – what can and can’t be included
- Use of Company Vehicles for personal use, and company use of employee’s personal vehicles.
- How to properly value a fringe benefit
- How to properly tax a fringe benefit
- Executive Compensation
- Stock Options
- Deferred Compensation
- Golden Parachutes
- Statutorily Deductible Executive Fringe Benefits
- Section 132 of the IRC
- Common errors to avoid.
- Rules of thumb for Fringe Benefit Administration
Who Will Benefit:
- Payroll Managers & Payroll Administrators
- HR Managers & HR Directors
- Compensation & Benefits Managers
- HR Generalists & HR Business Partners
- Payroll & Tax Compliance Specialists
- Accounting Managers & Controllers
- Finance Directors & CFOs
- Benefits Administrators & Benefits Specialists
- Tax Managers & Employment Tax Professionals
- Business Owners, Executives & Operations Managers


1.25 CEUs/RCHs 



Reviews
There are no reviews yet.