Fringe Benefit Planning <p><em> New Planning Strategies Post TCJA & COVID-19 Legislation</em></p>
Due to changes in both the economy and the Internal Revenue Code and COVID-19 legislation, fringe benefit planning has become one of the most important areas of planning for your client’s business and personal needs. There are a variety of tools and techniques to meet a client’s fringe benefit planning objectives. This course looks at those various tools and techniques and provides the practitioner with a basic understanding of how to use each one. This course also features a review of some complex areas of employee benefit planning, including ERISA reporting and disclosure requirements. Topics & Learning Objectives Include: An overview of the fringe benefit planning process Understanding the needs of the business owner Understanding the needs of the employees Options under IRC §132 fringe benefit plans When to use a cafeteria plan Tax rules regarding timing of income and deductions in cash compensation planning Tax implications of dependent care and educational assistance pla