This program reviews the statutory and regulatory guidance as they related to fringe benefits, with emphasis on entertainment/business transportation expenses, qualified employer-provided parking and meals expense reporting. Recent federal tax legislation, cases and rulings will be addressed with a focus on planning opportunities.
An update on the final rules related to reporting entertainment and parking expenses. Definition of what qualifies as an entertainment expense. Strategies on how to deduct business entertainment expenses. Deductibility of meals and snacks. Situations not subject to the 50% meals and entertainment deduction. How to handle automobile issues related to employer-provided parking. Proper accounting for deductible vs. non-deductible expenditures. The four steps to analyze business expenses. Review of the latest federal legislation, cases and rulings.
Basic working knowledge of business taxation.
CPAs in public practice and members in industry seeking the latest tax developments on reporting entertainment and business transportation expenses.
Discover the “big picture” of qualified deductible expenses. Guidance on what to do and when to do it.
Steve Dilley is President of Federal Tax Workshops, Inc., East Lansing, Michigan, where for the past 35 years, his organization has prepared continuing professional education materials and presented seminars for accountants and attorneys throughout the United States. He is nationally known for his knowledge of the financial, accounting, and tax problems of the closely held business. He has published numerous articles on these topics.
In addition, Steve is a Professor of Accounting at Michigan State University, East Lansing, where he teaches tax accounting. He was nominated in 2004 for the “Educator of the Year Award” and received the 2005 “Distinguished Achievement in Accounting Education Award” in Michigan. He also received the 2007 MSU Accounting and Information Systems Department Outstanding Teacher Award.
He obtained his PhD in accounting, law degree and an undergraduate accounting degree from the University of Wisconsin-Madison. He is a member of the Michigan Association of CPAs, Wisconsin Bar Association, The American Accounting Association, AICPA, American Tax Association, and Hawaii Association of Public Accountants.
Non-Member Price $99.00
Member Price $79.00