CPE Course Fringe Benefits & the Impact on Employee Compensation

October 24, 2017

11:30AM — 3:00 PM

Location Webinar

Member Price $120.00
Non-member Price $188.00

Curriculum Taxation

Field of Interest

Level Intermediate

Designed For

 Professionals in public or private practice in need of an in-depth training of the tax laws pertaining to employer provided fringe benefits and the impact on employee’s compensation.

4.00 credits

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Objective

 •Understand the fringe benefit income tax laws and other areas that affect employee compensation
•Be aware of the impact these fringe benefits have on the owner’s compensation depending on type of business entity operated (i.e., sole proprietorship, C corporation, S corporation, partnership, LLCs and LLPs)

Highlights

 •Review current income tax laws affecting fringe benefits (e.g., health insurance, de minimis, dependent care, employee discounts) with an emphasis on any new legislative changes
•Discuss the impact the various fringe benefits have on the employee and owner’s compensation (including >2% S corporate shareholders, partners, and LLC members)
•Explain the tax and non-tax issues of the various tax favored health care plans (i.e. §105 Medical Reimbursement Plans (MRPs), Health Reimbursement Arrangements (HRAs), §125 Health Flexible Spending Arrangements (Health FSA) and Health Savings Accounts (HSAs)) to their clients, colleagues and employees
•Look at the calculation of the add back to the employee’s Form W-2 for the personal use of company owned cars and non-employer provided cellular phones
•Review how (if after any tax reform) the Market reform provisions apply to group health plans and the potential excise tax of $36,500/year/employee for failure to comply

Instructors

J. Patrick Garverick CPA, MT, CFP

Patrick Garverick is an award winning and nationally recognized discusion leader as well as a self-employed tax and financial planner. He has over 17 years of experience specializing in taxation of individuals and closely held family businesses.Since 1992, Patrick has also been serving as a discussion leader, technical writer and reviewer of course materials for a variety of tax and financial seminar companies. He consistently receives outstanding evaluations as a discussion leader and has earned numerous perfect scores for knowledge and presentation skills. Patrick earned his Bachelor of Science in Business Administration in Accounting from the Ohio State University and has a Master of Taxation degree from Arizona State University.close

Prerequisites

 None

Developer

California Society of CPAs

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