Live Options
Recording & Combos
Super Saver Options (Get On-Demands & e-Transcripts FREE)
Couldn't find the option you're looking for? Don't worry, let us know your requirements and we will get back to you SOON! Contact Us Now
SHRM & HRCI Approved Webinar | CEUs = 1.25 Credit Hours
Overview:
There are lots of ways to reward workers other than wages. Smart businesses understand the two-way importance of helping employees out. 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.
The OBBB enhanced provisions on many fringe benefits to the benefit of employees. These include Health, Education, Dependant Care and more. Specifically, IRS auditors are focusing on executive compensation. Stock options, golden parachutes, insurance and other perks are designed to keep your high priced executive talent in place. Learn the specifics and how long these provisions will last. However, mismanagement of these benefits can subject you to not only payroll tax audits, but personal income tax audits for the executive.
What will You Learn:
- 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 2025, 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; 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
Why you should Attend:
Being both knowledgeable and choosy about which benefits you provide will go a long way in keeping workers motivated without breaking either your company’s or the workers’ budgets. However, limitations exist on types and amounts of fringe benefits that are non-taxable to the worker. The IRS has an entire booklet on all the various types of fringe benefits. How confident are you in the proper reporting and taxability of the ones you offer, or would like to offer?
Join Mark in this informative webinar. You will get the very latest maximum amounts and tax requirements announced for 2025, and much, much more.
SHRM -
CEU Services is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.25 PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit - portal.shrm.org.
HRCI -
This webinar has been approved for 1.25 HR (General) re-certification credit hours toward California, GPHR, HRBP, HRMP, PHR, and SPHR recertification through the HR Certification Institute.
The use of this seal is not an endorsement by the HR Certification Institute of the quality of the activity. It means that this activity has met the HR Certification Institute’s criteria to be pre-approved for re-certification credit.
