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: April 2023

$32.00
  

Prerequisites

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

CPE Facts

Affiliation* CPE Awarded Delivery Method Field of Study Course ID Sponsor ID
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-00595-23-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.

Other Details
Last Revision April 2023
Course Expiration The CPE portion of this course expires one year from date of purchase
DrakeCPE Course Policies and CPE Affiliations