Details
What
Are Fringe Benefits
Fringe
benefits - often called "perks" - are a form of compensation for
services beyond the employee's normal rate of pay.
Examples
of fringe benefits include health insurance, use of a company car, childcare
reimbursement, housing allowance, educational assistance, vacation pay, sick
pay, employee discounts, gym memberships, stock options, and transportation
benefits. Essentially, any benefit other than salary than an organization
provides its employees is a fringe benefit. Generally speaking, fringe benefits
are taxable.
Fringe
benefits are subject to income tax withholding and employment taxes, and are
generally included in an employee's gross income. Taxable fringe benefits must
be included as income on the employee's W-2. Unfortunately, the IRS has
indicated that fringe benefits are now an audit focus and it is no laughing
matter if you improperly report - even by mistake - the fringe benefits that
you provide to your employees.
Experience
has shown that these audits are going to be different from regular tax audits
in that they're going to be more invasive. Will your organization's accounting
and reporting stand up to these audits?
Learning
Objectives:
·
Which
benefits are taxable - and how they should be reported
·
Which
benefits are excludable from taxes - and how they should be documented
·
How to
compute the value of a "good" versus a "service" - and how
to handle the payroll tax consequences for those items considered taxable
·
How to
perform your own internal review to catch anything that may actually cause an
audit
·
What
the IRS guidelines are for an employment tax audit
·
What
to do if you have some items that should have been considered wages subject to
payroll taxation
Why
You Should Attend:
This
webinar will help you to determine if your fringe benefits are currently being
offered to employees correctly in order to ensure that they are compliant with
federal and state payroll tax regulations. This may assist you in avoiding a
costly audit in the future.
We'll
cover the IRS guidelines for the items that they will focus on when an
employment tax audit is being performed, as well as tips on how to perform your
own internal review to catch anything that may actually cause an audit.
Who
Will Benefit:
·
Payroll
Executives/Managers/Administrators/Professionals/Practitioners/Entry Level
Personnel
·
Human
Resources Executives/Managers/Administrators
·
Accounting
Personnel
·
Business
Owners/Executive Officers/Operations and Departmental Managers
·
Lawmakers
·
Attorneys/Legal
Professionals
·
Any
individual or entity that must deal with the complexities and requirements of
Payroll compliance issues
Credits
-
JIT Trainings is recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® or SHRM-SCP® recertification activities.
Dayna Reum
F.A.Q
What is a Live webinar/Training Course?
Live training course/ webinar is an Online training seminar which you can access through your computer and laptop or phone and directly interact with our expert speaker and allow to ask questions during the Live webinar. Conference material used by our speaker to the Live webinar will be provide with your Instruction kit before the Training.
What is a Recorded webinar/ Training Course?
Recorded webinars or On-Demand are self-paced audio-visual training program that you can watch at your own pace to earn Continuing Education Units (if applicable). Online, recorded training courses are accessible whenever you choose, for an unlimited number of times. Additionally, you have three months from the purchase date to watch as many times as you like. After a live training or webinar has started, you will receive the instructions and link to access the recorded training course. If it has already been recorded, you can access it right away.
How do I register/purchase training?
Browse our website and choose your interest of webinar and product, select the quantity, click on the ‘Add to Cart’ button to purchase it and check cart option. Enter the asked details to create an account on our website. These details are required in order to deliver you the product. Pay through our 100% secure payment methods. Choose paying by PayPal account or Debit/Credit card.
How do I watch/attend the training course?
Live Training Course- You will get the Live webinar Instruction kit with the joining link one day prior to the Live webinar on your registered email address. Recorded Training Course - You can watch your recorded session by accessing the link which will be provided in instruction kit through your email, or you can access your recorded session link in your registered account.
What are the system requirements to attend a live/Recorded Training Course?
You can easily access your webinars by computer and laptop or with your phone.
What happens if I am unable to join the webinar or live training course?
No need to worry! Your Live Training purchase will be automatically changed in the Recorded webinar which you can watch anytime at per your convenience in your registered account or through Instruction kit on your email. You can directly contact us through chat box or by email support@jittrainings.com regarding the changes.
When and how will I receive information on how to participate in live Training Course or Recorded Training Course?
Live Training Course– You will receive instruction kit one day prior to the Live webinar on your registered email address. Recorded Training Course– Instruction kit to access the Recorded Training Course will be emailed on your registered email address after 24 hours of the Live webinar and in case of pre-recorded webinar you will get your Instructions after 12 hours of your purchase.
Are there any discounts offered for training a group or multiple participants?
Yes. Our group participant training choices are created with large audiences in mind and offer cost-effective options. To learn more, contact us via chat or at support@jittrainings.com.
What are the various modes of payment?
We accept following forms of payment methods: All major credit cards and debit cards are accepted through Stripe - Visa, MasterCard, Discover, American Express etc. We accept payments through PayPal, Invoices. - Email us on support@jittrainings.com or chat with us to know about it.
Why have I not received the Email invitation with the link for the webinar?
Please verify that the email address you provided when joining up with us is accurate. If so, kindly check to see if the email was delivered to your spam or bulk mail folder. If you are still unable to locate this email, we kindly ask that you get in touch with our customer support team by phone or email using the information on the Contact Us page.
Can I share my recorded webinar access link or content with my other colleagues?
The terms and conditions established prior to the purchase were clear that the link supplied was just for your use. Anyone else you know who wants to watch this recorded webinar must do so on their own dime. The recorded webinar is only available as a streaming option; downloading is not permitted.
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Recorded$ 165
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E-transcript$ 165
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Recorded + E-transcript$ 175
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Recorded with Copyright$ 195
