Free Payroll Webinar- Detailing Transportation Fringe Benefits
DETAILING TRANSPORTATION FRINGE BENEFITS
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On Thursday March 9th our fantastic webinar speaker Vicki Lambert presented the webinar titled Transportation Fringe Benefits. Just look below to view the on-demand recording. Transportation fringe benefits are a vital part of a compensation package in today’s competitive job market. When determining which fringe benefits to provide one of the first questions that will arise is, “how are we going to accomplish compliance with this IRS regulation?” And then you must consider what the IRS taxation and reporting requirements are. The Internal Revenue Code has strict guidelines on the taxation and reporting of transportation fringe benefits and these codes must be adhered to in order to remain compliance, and avoid audits and subsequent penalties.
Attend this webinar and learn all about the taxation of transportation fringe benefits.
In this 60-minute presentation you will learn:
What are the four allowable methods to calculate the personal use of a company car
How to calculate the taxable wages for the personal use of a company vehicle using one of the four accepted IRS methods
When an auto allowance is considered taxable wages and when it is not
IRS 132 transportation fringe benefits
How to calculate the personal use of a company aircraft when business is partially involved
This webinar is not available on-demand. Just click here to register for this on-demand webinar.