Event Details
Year-end Reporting and Taxation of Fringe Benefits: Taxing and reporting fringe benefits correctly is a significant challenge with each year-end process. In this session, find out how to identify taxable benefits and where to report them on Form W-2. By attending this webinar, you will learn:
- The taxation and reporting of wages and fringe benefits required by the IRS
- How to ensure that your taxation and reporting of employee fringe benefits meets IRS requirements
New for 2024:
✔ State Disability Insurance and Paid Family Leave changes
✔ The latest State Unemployment Insurance taxable wage bases
✔ Annual Adjusted Federal Limits:
• 2025 Social Security wage base
• 2025 qualified transportation fringe benefits
• Health flexible spending arrangements
• Foreign earned income exclusion and more!
✔ Updates on the U.S. Department of Labor's final rules, including the "white collar" exemptions and joint employer regulations
✔ More guidance on SECURE 2.0 Act changes – including new information on guidance for long-term, part-time employees
✔ Recent IRS changes employers need to file correctly
✔ A customizable year-end checklist in Excel to help ensure compliance when closing out 2024!
2024 Course Brochure
Credit Information
Earn 1.5 Recertification Credit Hours (RCHs) or 0.15 Continuing Education Units (CEUs) when attending this webinar.