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Tax Guide to Compensation and Benefits#490424

Online Book, Online Exam

$39.00

Hardcopy Book, Online Exam

$51.00

Course Option

Credit

Amount

CPA

3.5

CFP^®

EA / OTRP

Course Author: Danny Santucci Field of Study (CPA): Taxes Field of Study (CFP): Tax Planning Field of Study (EA/OTRP): Federal Tax Law

Course Details, Learning Objectives, Table of Contents

Course Description

Course publication/revision date: This course was updated on 1/18/2024 (covers 2024 tax law).

The various ideas, methods, and techniques to optimize the overall compensation package for key employees and principals are examined in this mini-course. Generally, businesses may deduct employees’ pay including wages, salaries, and other perks. Certain fringe benefits that can provide an unusually tax-favored manner of supplementing compensation are described and evaluated. In addition, equity participation is explored through stock sales, repurchase agreements, incentive stock options, ESOTs, stock options, and bonuses. Finally, deferred compensation arrangements are investigated. The goal of this mini-course is to provide participants with a working knowledge of the types of compensation necessary to structure a compensation package minimizing tax liabilities and cost.