Taxing and Reporting Fringe Benefits: Staying Compliant to Prevent Problems 2010

This fringe benefit related webinar focuses on regulations and compliance requirements for taxation and reporting of Fringe Benefits. Highlights also include payroll s responsibilities for proper record keeping and record retention.

Learning objectives:

• Find out what is and is not taxable.
• Learn to avoid reporting mistakes.
• Learn the essential facts regarding compliance with common and uncommon fringe benefits.

Areas Covered in the Seminar:

• How to handle qualified and nonqualified deferred compensation.
• Dealing with cafeteria plans.
• Handling Auto Allowances.
• Withholding, depositing, and reporting taxable non-cash fringe benefits.
• Taxation and Reporting of Relocation or moving expenses.
• Educational assistance taxation and reporting.
• How to calculate and tax excess group term life insurance.
• Exclusion limits on qualified transportation fringe benefits.
• Substantiation, recordkeeping, taxation and reporting requirements for the personal use of company car.

Who Will Benefit:

• Payroll professionals
• Human resources
• Accounting personnel
• Business owners
• Lawmakers
• Supervisors
• Attorneys