Fringe benefits are a significant part of every company’s overhead, and a concern for every employer. Help clients or employers comply with the Patient Protection and Affordable Care Act, make effective use of fringe benefits, and reduce income and payroll tax burdens in the process. Learn how to most effectively use major fringe benefit options to contain costs and increase employee job satisfaction.
DESIGNED FOR
Practitioners and industry accountants who are interested in the tax rules that govern
fringe benefits. May also be suitable for public practice.
BENEFITS
- Identify opportunities to use various fringe benefit programs to reduce total compensation costs
- Evaluate benefit options and special programs
- Explain fringe benefits to owner-manager clients or employers
- Create opportunities for consulting with clients
- Comply with the rules in “Affordable Care Act” affecting employer health care benefits
HIGHLIGHTS
- How the Patient Protection and Affordable Care Act affects fringe benefit planning
- Major tax advantaged fringe benefit programs
- Accident and health plans (insured and self-insured)
- Tax treatment of automobiles as fringe benefits
- COBRA coverage requirements
- Long-term care insurance
- Section 125 Flexible Spending Arrangements/Cafeteria Plans
- Market considerations
- Group disability insurance
- Group-term life insurance
- Child and dependent care programs
- Non-qualified deferred compensation plans after final Section 409A regulations
COURSE LEVEL
Intermediate
PREREQUISITES
None
ADVANCE PREPARATION
None