Are Fringe Benefits Taxable Income for Employees? | Taxes Online Course by Udemy

Finance & Accounting Online Course by Udemy, On Sale Here

This course discusses fringe benefits that are and are not subject to taxation and the IRS guidelines.

An excellent training about Taxes

Are Fringe Benefits Taxable Income for Employees?

In this course we discuss fringe benefits that are and are not subject to taxation, and the IRS guidelines used to make that determinationWe start with a brief overview of fringe benefits. From there we discuss IRS codes used for fringe benefits. This leads to a conversation about taxable vs. non-taxable fringe benefits. Then we work through examples of fringe benefits being provided to an employee by employer. Then we review transactions and discuss how the taxes are calculated for fringe benefits as to an employee being taxed or an employer grossing up taxation. This course is a review for accounting and payroll professionals who need to sharpen their fundamental understanding of fringe benefits and how they translate into taxable or non-taxable income for employees. If you would like Continuing Education Credit (e.g. CPE, CE, CPD, etc.) for this course, it is available if you take this course on the Illumeo dot com platform under course title: Fringe Benefits? Are They Taxable or Non-Taxable Income to the Employee? Illumeo is certified to provide CPE in over two dozen different professional certifications covering finance, accounting, treasury, internal audit, HR, and more. However, in order to receive CPE credit the courses must be taken on an approved-by-the-governing-body CPE platform, and for over two dozen corporate professional certifications, that is the Illumeo platform. Go to Illumeo dot com to learn more.

Udemy is the leading global marketplace for learning and instruction

By connecting students all over the world to the best instructors, Udemy is helping individuals reach their goals and pursue their dreams.

Study anytime, anywhere.

START HERE