cpe today<\/a><\/em><\/p>\nwhat are we really trying to accomplish in the area of fringe benefits? we’re really trying to find a way to create what i call pseudo-compensation.<\/p>\n
the goal is to be efficient in establishing the client’s needs and paying for those needs in a way that reduces and maybe even eliminates taxes. when we deal with tax planning for a client, sometimes, we try to focus on deductions. still, because of the tax cuts and jobs act, we essentially eliminate or reduce many itemized deductions and double the standard deduction. playing with deductions is not necessarily efficient. so, how is the client supposed to reduce taxes? well, maybe we can reduce taxable income. the idea of the fringe benefit is to let the company pay for something that i would pay for with after-tax dollars. i’ll take lower cash compensation as long as i walk away with a benefit that i’m not being taxed on. that’s fringe benefits.<\/p>\n","protected":false},"excerpt":{"rendered":"
create a win-win between employer and employee.<\/strong>
\n<\/a>
\nquick tax tip
\n<\/strong>with art werner
\n<\/em>join the cpe webinar, july 31<\/a><\/em><\/p>\n","protected":false},"author":5143,"featured_media":127358,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[4184,2764,2990],"tags":[4186],"class_list":["post-127353","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tax","category-video","category-webcasts-webinars","tag-art-werner"],"acf":[],"yoast_head":"\nart werner: maximizing fringe benefits | quick tax tip - 卡塔尔世界杯常规比赛时间<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n