Fringe Benefits: Tax Implications


We’ll look at various kinds of fringe benefits and their tax implications to beneficiaries and providers of them, typically employers. We will also learn how to achieve tax savings for the various fringe benefits, and we’ll look at reporting requirements on common tax forms.

2 CPE credits.

Last Revision: March 2022


Prerequisites are not necessary to participate in this course and no advance preparation is needed.

Course Description

This course provides an overview of various kinds of fringe benefits and their tax implications to beneficiaries and providers of them. The course will also address requirements for the various fringe benefits to achieve tax savings as well as reporting requirements on common tax forms.

After completing this course, you will be able to:

  1. Specify what a fringe benefit is and when it must be included in a recipient’s pay
  2. Specify how to value and account for fringe benefits
  3. Identify some of the common fringe benefit exclusions for both provider and receiver
  4. Apply the fringe benefit rules to various tax reporting requirements
Affiliation* CPE Awarded Delivery Method Field of Study Course ID Sponsor ID
CPE Facts
NASBA 2 Self-Study Taxes N/A 103137
CTEC 2/0 Self-Study Federal Tax Law 3038-CE-0266 3038
IRS 2 Self-Study Federal Tax Law FQTGU-T-00459-22-S FQTGU
Texas State Board of Accountancy 2 Self-Study Taxes 100369 002921
Pennsylvania State Board of Public Accountancy 1 Self-Study (Non-Interactive) Taxes N/A

* Individuals with other professional credentials should check with their state licensing board or accrediting organization to determine if this program meets their continuing education requirements.



Drake Software is an IRS-qualified sponsor of continuing professional education.


Drake Software is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website,

Drake Software has been approved by the California Tax Education Council to offer the Fringe Benefits course, 3038-CE-0266, which provides 2 hours of federal credit and 0 hours of state credit towards the annual continuing education requirement imposed by the State of California. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA 95812-2890, at (877) 850-2832, or at


Drake Software is registered with the Texas State Board of Public Accountancy as a CPE sponsor. This registration does not constitute an endorsement by the Board as to the quality of our CPE program.

Course Policies

Send cancellation requests to Requests must be made within 30 days of purchasing the course. To be granted a full refund, you must not have completed and earned continuing education for the course. No refunds will be issued after the course expiration date. For more information regarding the refund policy or to address concerns or complaints regarding courses, contact the DrakeCPE support team at

Other Details
Last Revision March 2022
Course Expiration The CPE portion of this course expires one year from date of purchase