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Fringe Benefits: Section 132 and Beyond
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com
Instructor Profile
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com
Vicki M. Lambert, CPP is President and
Academic Director of The Payroll Advisor™
a firm specializing in the training of payroll
professionals. With over three decades of
hands-on experience in all facets of payroll
functions as well as over 20 years as a
trainer and author, Ms. Lambert is a sought-
after and respected voice in the practice
and management of payroll issues. She has
conducted open market training seminars
on payroll issues across the United States as
well as serving as an in-house trainer for
businesses such as Sun Microsystems, Fox
Studios, Disney, County of Riverside and the
City of Hesperia
Description
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com
This webinar discusses the proper taxation, if any for many of the
various fringe benefits offered under Internal Revenue Code 132
and beyond. This includes such items as cell phones, prizes and
awards, holiday gifts, employee discounts, small (De Minimis) cash
and noncash items and employee achievement awards. Proper
taxation of benefits is vital to stay in compliance and avoid audits.
Even small items paid out of accounts payable could end up being
taxable and reportable. And if they are not taxed and reported it
could lead to audits by the IRS. Learn what is and is not considered
De Minimis and what is always taxable and exactly how to handle
benefits under Section 132.
Why should Attend
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com
Fringe benefits are important components
for recruiting and retaining quality employees.
However, offering these benefits can create
complex situations regarding taxation and
compliance.
Objectives
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com
 Working condition fringe benefits
 De Minimis fringe benefits
 Employee discounts
 Employee achievement awards
 Cell phones
 Holiday gifts, prizes and awards (cash &
non-cash)
 Gift certificates and gifts cards
Who can Benefit
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com
 Chief Financial Officers
 Payroll and accounting managers
 Payroll processing professionals
How this Webinar Works
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com
 Username and Password will be sent to
you 24 hours prior to the webinar
 Presentation handouts in pdf format will
be mailed to you
 Login to the session using the username
and password provided to you
 Get answer to your queries through
interactive Q&A sessions via chat
Track this link :
Internal Revenue Service
Connect with Us
Online Compliance Panel
www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com

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Fringe Benefits-Section 132 and Beyond-Webinar

  • 1. Fringe Benefits: Section 132 and Beyond www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com
  • 2. Instructor Profile www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com Vicki M. Lambert, CPP is President and Academic Director of The Payroll Advisor™ a firm specializing in the training of payroll professionals. With over three decades of hands-on experience in all facets of payroll functions as well as over 20 years as a trainer and author, Ms. Lambert is a sought- after and respected voice in the practice and management of payroll issues. She has conducted open market training seminars on payroll issues across the United States as well as serving as an in-house trainer for businesses such as Sun Microsystems, Fox Studios, Disney, County of Riverside and the City of Hesperia
  • 3. Description www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com This webinar discusses the proper taxation, if any for many of the various fringe benefits offered under Internal Revenue Code 132 and beyond. This includes such items as cell phones, prizes and awards, holiday gifts, employee discounts, small (De Minimis) cash and noncash items and employee achievement awards. Proper taxation of benefits is vital to stay in compliance and avoid audits. Even small items paid out of accounts payable could end up being taxable and reportable. And if they are not taxed and reported it could lead to audits by the IRS. Learn what is and is not considered De Minimis and what is always taxable and exactly how to handle benefits under Section 132.
  • 4. Why should Attend www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com Fringe benefits are important components for recruiting and retaining quality employees. However, offering these benefits can create complex situations regarding taxation and compliance.
  • 5. Objectives www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com  Working condition fringe benefits  De Minimis fringe benefits  Employee discounts  Employee achievement awards  Cell phones  Holiday gifts, prizes and awards (cash & non-cash)  Gift certificates and gifts cards
  • 6. Who can Benefit www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com  Chief Financial Officers  Payroll and accounting managers  Payroll processing professionals
  • 7. How this Webinar Works www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com  Username and Password will be sent to you 24 hours prior to the webinar  Presentation handouts in pdf format will be mailed to you  Login to the session using the username and password provided to you  Get answer to your queries through interactive Q&A sessions via chat Track this link : Internal Revenue Service
  • 8. Connect with Us Online Compliance Panel www.onlinecompliancepanel.com | 510-857-5896 | customersupport@onlinecompliancepanel.com