Taxing Gifts, Awards and Other Fringe Benefits

As most employers know, wages or salary is only the tip of the iceberg when it comes to compensating employees. Not only is there a sle...
About this Event

Live Webinar or Recording

January 14, 2025, 2:00 pm - 3:40 pm Eastern

Credit: ATATX: 1.5, ATAPR: 1.5, CPE: 2, IRS: 2 (Live Only)

As most employers know, wages or salary is only the tip of the iceberg when it comes to compensating employees. Not only is there a slew of withholding and payroll tax issues to contend with, compensation is rarely confined to the employee’s regular paycheck. In an increasingly competitive employment market employers are turning to various fringe benefits and other incentives to attract and retain qualified employees. In this session we will address the ins and outs of compensation that goes beyond the standard paycheck– the dos, the don’ts and the can nots.

The topics covered will include:

The viability of non-taxable gifts to employees
Definition of a fringe benefit
Distinguishing taxable from nontaxable fringe benefits
Accountable reimbursement plans
The multiple layers of educational benefits
Using ownership interests as incentive compensation
Requirements for incentivizing employees with achievement awards

Level: Intermediate
Format: Live
NASBA Field of Study: Accounting
Program Prerequisites: None
Advance Preparation: None

Guest Speaker: Chuck Borek - The Borek Group, LLC

Level: Basic

Format: Live Webcast

Field of Study: Accounting

Program Prerequisites: None
Advanced Preparation: None

Aurora Training Advantage is offering continuing education points designed to recognize dedication to training and excellence in accounting.

Aurora Training Advantage is offering continuing education points designed to recognize dedication to training and excellence in payroll.

Aurora Training Advantage is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

For more information regarding administrative policies such as complaint and refund, and cancellation please contact our offices at 407-542-4317 or [email protected].