Date: 10/09/2024
Time: 12:00 PM - 4:00 PM EST
CPE Credit: 4 hours

This four-hour webcast will highlight selected unique issues relative to Compensation, Benefits, and Retirement Plans

Topics Covered:

●Compensation

▬Compensation deduction limitation

▬General rule for deductible compensation

▬Reasonable compensation

▬Must be paid for services actually performed

●Fringe benefits

▬General rule for taxing fringe benefits

▬General fringe benefits valuation rules

▬Special fringe benefit valuation rules

▬Exclusion for de minimis fringe benefits

▬Qualified transportation fringe benefits

●Retirement plans

▬Traditional IRAs

▬Roth IRAs

▬Participation

▬Defined benefit plans

▬Defined contribution plan

▬Deduction and deduction limitations

Learning Objective:

●Understand how strategic planning allows for related tax deductions in accordance with the law

●Advise clients and employers as to the setting up of the requisite plans

●Analyze deductions and how to apply them as prescribed by the laws and regulation

●Describe the importance of proper taxation application