Video

  • 12 minutes

General Rules on Income Inclusion

 

What are the challenges?

IRC 61 defines gross income one way and IRS Reg. 1.61-1 defines it in a slightly different way. So what does that mean when you are looking for a general rule on income inclusion? All employee compensation, in any form, is taxable unless it is specifically excluded by another IRC section.“Non-cash” taxable employer provided benefits are subject to FIT, FICA and UI tax rules. This video reviews what the challenges are with regard to fringe benefits including how to get the information, how to get it timely, and how to determine when benefits are considered paid.

Runtime: 12 minutes

Agenda

Faculty

Alma Stewart, CPP

Alma Stewart, CPP

  • Implementation consultant, payroll
  • 25+ years of experience in payroll including managing multistate payroll departments
  • CPP/FPC study group coordinator
  • Author of several publications in PayTech magazine related to payroll electronic payments
  • Member of American Payroll Association for 10+ years
  • Graduate in accounting, University of Alaska, Anchorage; CPP certification

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today

Access to all training products $699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.