Maximizing Fringe Benefits: Strategies for Business and Personal Needs for Today and Beyond
Overview
As tax policies and economic conditions continue to evolve, staying ahead in fringe benefit planning is more essential than ever. This course provides financial professionals with a comprehensive update on fringe benefit strategies, ensuring compliance with evolving regulations while maximizing tax efficiency for businesses and individuals.
Participants will explore the latest legislative and regulatory updates impacting employer-sponsored benefits, IRC §132 fringe benefits, cafeteria plans, and retirement healthcare strategies. This course also examines ERISA reporting requirements, tax-efficient compensation planning, and healthcare benefits, offering practical applications to help practitioners navigate compliance and optimize benefits for their clients.
*Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com
Highlights
- Legislative and regulatory updates affecting fringe benefit planning
- Employer-sponsored fringe benefits and tax compliance under evolving regulations
- IRC §132 fringe benefit options and applications
- Cafeteria plans: benefits, limitations, and tax considerations
- Tax treatment of dependent care and educational assistance programs
- Flexible spending accounts and health savings accounts
- Group term life insurance: design features and tax treatment
- Financing strategies for retiree medical benefits
- Comparing health care benefits: insured plans vs. HMOs
- ERISA reporting and disclosure requirements
- Common control rules and nondiscrimination regulations
Prerequisites
None
Designed For
CPAs, EAs, attorneys, finance professionals, financial planners, insurance agents, and bankers
Objectives
- Analyze recent tax and regulatory updates affecting fringe benefits.
- Evaluate the impact of changes in IRC §132 and other relevant tax provisions.
- Identify key compliance considerations for ERISA reporting and disclosure.
- Determine the best use of cafeteria plans for businesses and employees.
- Explain tax implications of dependent care and educational assistance programs.
- Assess flexible spending account (FSA) structures and implementation strategies.
- Compare employer-sponsored health plans, including insured plans and HMOs.
- Examine financing options for retiree medical benefits and medical savings accounts.
- Develop strategies for tax-efficient cash compensation and fringe benefit planning.
Preparation
None
Notice
This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by Accounting Continuing Professional Education Network (ACPEN).
Leader(s):
Leader Bios
Arthur Werner, Werner-Rocca Seminars Ltd
Arthur Joseph Werner, JD, MS (Taxation), is the president and is a shareholder in the lecture firm of Werner-Rocca Seminars, Ltd. Mr. Werner’s lecture topic specialties include business, tax, financial and estate planning for high net worth individuals. In addition, Mr. Werner is an adjunct professor of taxation in the Master of Science in Taxation program at the Philadelphia University. Mr. Werner received his B.S. in Accounting and his M.S. in Taxation from Widener University. He holds a J.D. in Law from the Delaware Law School. Mr. Werner lectures extensively in the areas of Estate Planning, Financial Planning, and Estate and Gift Taxation to Certified Public Accountants and Financial Planners, and has presented well in excess of 2500 eight-hour seminars over the past twenty-five years as well as numerous webinars and video presentations. Mr. Werner has been rated as having the highest speaker knowledge in his home state of Pennsylvania by the Pennsylvania Institute of Certified Public Accountants, was awarded the AICPA Outstanding Discussion Leader Award in the State of Nevada, the Florida Institute of CPAs Outstanding Discussion Leader Award, and the South Carolina Association of CPAs Outstanding Discussion Leader Award.
Non-Member Price $295.00
Member Price $245.00