Time: March 8, 2018 from 1pm to 2:30pm
Location: 26468 E Walker Dr, Aurora, Colorado 80016-6104
Street: 26468 E Walker Dr, Aurora, Colorado 80016-6104
Website or Map: http://bit.ly/2BxAQU2
Event Type: online, webinar
Organized By: Training Doyens
Latest Activity: Feb 15
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.
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:
Toll Free: +1-888-300-8494