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Employer's Tax Guide to Fringe Benefits

Exam Questions: 15
Course Level: Basic
Pages: 82 | Content: 78, Supplemental: 4
NASBA Area of Study: Taxes
Not Acceptable for: N/A
Version: 7325E

This course will provide the practitioner with an overview of fringe benefits and the tax issues which surround such. There is a detailed section on fringe benefit exclusion rules, since any fringe benefit that is not excluded is taxable and the distinction is often misunderstood. Information on how to value fringe benefits and guidelines for withholding, depositing, and reporting taxable noncash fringe benefits is also covered. At the conclusion, the practitioner should have all the information necessary to guide them through the taxation issues related to fringe benefits. All course material provided. No prerequisites. Course level: Basic.

EA Program Approval Number: ZX34G-T-00405-21-S

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Course Information

Table of Contents
  • Fringe Benefit Overview
  • Fringe Benefit Exclusion Rules
  • Fringe Benefit Valuation Rules
  • Rules for Withholding, Depositing, and Reporting
Objectives
  • To identify various cafeteria plan benefits
  • To identify exclusions that apply to some fringe benefits
  • To recall how to value fringe benefits
  • To recall various requirements for withholding and reporting taxable fringe benefits

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