2026 Changes to Fringe Benefit Taxation (06-12-26) - A/V

CPE Credit: 1 hour

Companies are providing more fringe benefits to employers more than ever before, thus reducing company cost but raises employee morale.  Due to market adjustments employers are looking for ways to obtain top talent through providing more fringe benefits.  However, IRS endorsement on employers to tax employees when appropriate for fringe benefits is on the rise. Employers must meet the non-taxable fringe benefit substantiation rules along with proper determination of taxation. Review of OBBBA Fringe benefit updates will be reviewed.

Participants will walk away with a better understanding of the IRS view on fringe benefit taxation.  The details of the IRC exceptions allowed by the IRS will be detailed and explained to participants.  Participants will be able to better identify and calculate the fair market value of fringe benefits for taxation purposes

Learning Objectives:

Upon successful completion of this course, participants will be able to:

1. Determine whether employer-provided fringe benefits constitute taxable compensation or qualify for exclusion under applicable Internal Revenue Code provisions.

2. Calculate the taxable value of fringe benefits using fair market value principles and applicable employee-paid or statutory exclusions.

3. Apply federal tax rules governing common excludable fringe benefits, including no-additional-cost services, employee discounts, working condition fringes, and de minimis benefits.

4. Identify the tax treatment and reporting requirements applicable to selected employer-provided benefits, including transportation, educational assistance, achievement awards, meals, vehicles, group-term life insurance, and other employee benefits.

5. Evaluate payroll and accounts payable procedures for identifying, communicating, and properly reporting taxable fringe benefits.