Fringe Benefit Taxation 2025


By the end of the session, participants will have a better grasp of how the IRS views fringe benefit taxes. Participants will receive a thorough explanation of the specifics of the IRS-permitted IRC exceptions. Participants will Employers are receiving more fringe benefits from businesses than ever before, which lowers costs while boosting employee satisfaction. As a result, the IRS has more authority over which fringe benefits are subject to taxation. When it comes to non-taxable fringe benefits, the IRS has strict regulations on when and how they must be provided. These regulations also affect whether an item that is initially considered non-taxable becomes taxable.
For tax purposes, participants will be better equipped to recognize and determine the fair market value of fringe benefits.

Why should you attend?

IRS rules can be confusing, and some employers will determine their own way of applying the Internal Revenue Code. This session will give the participant everything they need to feel confident in the rules and how to properly apply them to payroll and cash and non-cash benefits given to employees.

Areas covered in the session:

  • Review FMV (Fair Market Value) and how the IRS determines it.
  • Discussion on No additional cost services, employee discounts, working condition fringe benefits & De minimis Fringe Benefits.
  • Review qualified transportation benefits for 2025
  • Discuss several excludable fringe benefits such as Retirement planning, athletic facilities, achievement awards, etc.
  • Discuss fringe benefits that should be taxable
  • Review Moving/Relocation Expenses
  • Review executive taxation items, like spousal travel. Company aircraft usage, etc.
  • Once a benefit is determined taxable, how to handle
  • Brief overview of how to handle any fringe benefits that AP pay.
  • Annual Fringe Benefit limits will be reviewed.

 

Who should attend this:

  • Payroll professionals of all levels
  • Tax professionals
  • Accounts Payable
  • Account Managers
  • CPAs

 

* There will be time allowed for questions at the end of the presentations. (Live Session)

*Not able to attend the live session? Choose an On-Demand session to watch the session later.

Dayna is currently the Senior Director of Payroll & HRIS at a major medical Center in Chicago. Dayna has been heavily involved in the payroll field over 17 years. Starting as a payroll clerk at a small Tucson company, Dayna moved on to be a Payroll Team Leader at Honeywell Inc. During Dayna’s time at Honeywell she obtained her FPC (Fundamental Payroll Certification) through the American Payroll Association. She also received several merit awards for Customer Service and Acquisitions and Divestitures.

Dayna is no stranger to teaching; she has taught at the Metro Phoenix American Payroll Association meetings and at the Arizona State Payroll Conference. Topics including Payroll Basics, Global/Cultural Awareness, Immigration Basics for the Payroll Professional, Multi-State and Local Taxation and Quality Control for Payroll, International and Canadian payroll.

Dayna has her CPP (Certified Payroll Professional) through the APA. She also serves on the National American Payroll Association on the National Strategic Leadership Task Force and the Government Affairs Task Force (PA Local tax subcommittee).  Dayna has received a Citation of Merit for her service along with being a Gold Pin member of the APA. Besides her payroll accomplishments, Dayna is certified in HR hiring and firing practices and is a Six Sigma Green Belt.

$199.00

Webinar Variants

$199.00

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