Learn how you can prove your “tax-exempt” status as a government entity; why government entities do not require a determination letter from the IRS to secure tax-exempt status; and what it means to be a dual-status entity.
Learn about Voluntary Classification Settlement Program; Why it matters to Federal Agencies; Purpose of VCSP; Eligibility requirements; Reclassifications that are not allowed; Effects of entering into an agreement; and Steps of the application process.
Learn about when they are tax free or taxable; how to make the determination if they are taxable or wages; how to report taxable payments if they are wages; how to report taxable payments if they aren’t wages.
Learn about cell phone usage; payments In-Lieu of Insurance; moving expense reimbursements; meal allowances and reimbursements; employee vehicles used for employer’s business; and employer provided vehicles.
Learn about what fringe benefits are; Which fringe benefits are taxable; special accounting rules for fringe benefits; what is a working condition fringe benefit; what is a de minimis fringe benefit; taxability of per diem payments; and he accountable plan rules.
Learn about; awareness of potential compliance issues ; understanding the most common tax issues; identifying legal requirements that apply to public employers; recognizing unique federal income, social security, and Medicare taxes and public retirement system obligations.
Learn about Internal Revenue Code Section 6056; who is required to report; what elements are required to be reported; when Applicable Large Employers must report; how do government entities designate reporting.
Learn about the payroll tax treatment of a former government employee that returns to work for the same entity may be different than it was prior to their retirement or separation. This presentation will help government employers understand how to comply with the complicated and often misunderstood tax implications of hiring a former employee.
Learn about the taxability of certain fringe benefits for state and local governments; accountable plans, allowances, tool allowances, stipends, bonuses, gift cards, day meals, group term life insurance and health flexible savings accounts.
Please click here to listen to the recording and/ or review the transcript of the phone forum, ACA Provisions: What You need to Know. The phone forum discusses the following ACA provisions: W-2 reporting of employer sponsored health coverage and the Additional Medicare Tax on High Income Earners.
Instruction regarding how to handle predecessor/successor situations; identifying and explaining each of the four types of situations and the effect each has on Social Security coverage: consolidations, annexations, hybrid consolidations, and miscellaneous transitions.
An overview of withholding, remitting, and reporting obligations related to payments to foreign persons. A review of useful reference materials, including IRS Publication 515, Withholding of Tax on Nonresident Aliens and Foreign Entities and IRS Publication 519, Tax Guide for Aliens.
New to the requirements of State and Local § 218 agreements (or in need of a refresher)? Look no further! This webinar will show you the path to compliance and links to answer other questions you might have. Plus: The new Compliance Self-Assessment tool makes its video debut!
The proper taxing of Fringe Benefits is a hot topic for government employers. View this educational presentation on what a fringe benefit is. Also, learn which fringe benefits are non-taxable and how to enter taxable fringe benefits properly on a W-2.