This session, from TEI’s 2025 Federal Tax Course – Level 1 provides an introduction to various employee benefits, with a focus on fringe benefits and business expenses. Participants will gain insight into the complexities of the tax treatment of employee benefits such as meals and entertainment, educational assistance, car allowances, prizes, gifts, awards, and adoption assistance.
Learning Outcomes
- Identify which benefits qualify as business expenses and which are fringe benefits
- Understand exclusions and limitations under the relevant provisions
- Learn the implications of these benefits for payroll taxes, how to report these benefits, and the potential penalties for non-compliance
Who Should Attend
This course is designed for tax professionals who are new to the in-house community, taking on new areas of responsibility, changing areas of practice, or just need a refresher on the core principles in US federal taxation.
Instructor(s)
Mary “Handy” Hevener, Partner, Morgan, Lewis & Bockius LLP
Steven Johnson, Partner, Morgan, Lewis & Bockius LLP
General Session Information
Access
Online, upon completion of the checkout process, you will be directed to our Learning Management System (LMS) for access to the session.
For member pricing, please login to tei.org
This is a digital product. With full paid access, the content will be available for one year after the purchase date.
CPE Credits
This digital product is not eligible for Continuing Professional Education (CPE) credit and includes the recording from the 2025 in-person session and the corresponding PowerPoint slides.
Length of Session
The session will take approximately 2.0 hours to complete.
NASBA Field of Study
Taxes
Level
Basic
Prerequisites
None
For more information, please refer to CPE requirements and NASBA sponsorship information.
Terms & Conditions
By purchasing this TEI digital product (TEI Content) you agree to TEI’s Terms & Conditions