Unique Fringe Benefits to Engage Employees - How to Reward Effort and Retain Valued Workers

Added by Training Doyens on 2018-02-15

Conference Dates:

Start Date Start Date: 2018-03-08
Last Date Last Day: 2018-03-08
Deadline for abstracts/proposals Deadline for abstracts/proposals: 2018-03-08

Conference Contact Info:

Contact Person Contact Person: Training Doyens
Email Email: [email protected]
Address Address: 26468 E Walker Dr., Aurora, CO, 80016, United States
Phone Tel: 7209961616

Conference Description:

OVERVIEW
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.

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. However, mismanagement of these benefits can subject you to not only payroll tax audits, but personal income tax audits.
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 their budgets.

WHY SHOULD YOU ATTEND
Most payroll professionals take fringe benefits for granted. Sometimes they assume the IRS does not audit for them. Even if you are already aware that the IRS indeed focuses on them in audits, this webinar is sure to provide a lot of information you are not aware of.

AREAS COVERED
• Definition of Fringe Benefits, and how to distinguish them from expense reimbursements
• What is new for 2018
• What is excludable from taxes and what you must withhold and pay payroll taxes on
• Types:
o Adoption Assistance
o Athletic Facilities
o De Minimus
o Dependent Care Assistance
o Educational Assistance
o Employee Discounts
o GTL Insurance
o Lodging
o Meals
o Moving Expense
o No Additional Cost Services
o Transportation
o Working Condition Fringe
o Moving Expenses
o Awards and Prizes
• Cafeteria Plans
• Use of Company Vehicles
• How to properly value a fringe benefit
• How to properly tax a fringe benefit

LEARNING OBJECTIVES
Fringe Benefits must be properly valued and taxed when appropriate. For the myriad of fringe benefits offered to workers, the IRS has both general and specific rules to keep in mind. Knowing the rules of thumb, and where to find information on specific types of benefits, will help your organization avoid the embarrassment of unanticipated taxation to your workers.

WHO WILL BENEFIT
Payroll Professionals, HR Professionals and corporate executives involved in employee compensation at all levels.

For more detail please click on this below link:
https://goo.gl/KxZPhw

Email: [email protected]
Toll Free: +1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882
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